ArtTactic

In this week's episode of the ArtTactic Podcast, we're joined by Noah Wunsch, global head of e-commerce at Sotheby's. First, Noah discusses the importance of brand innovation and how he has worked to bring that to Sotheby's, a firm that already possesses such a valuable and established brand. Then, he shares how much growth Sotheby's has had on the e-commerce platform over the past few years. Also, Noah touches on what it was like to incorporate such a large e-commerce platform to such a historic business like Sotheby's. Then, he identifies the top performing categories on the e-commerce platform and he reveals what he would say to a potential consignor who is reluctant to sell their art in an e-commerce sale.

In this week's edition of the ArtTactic Podcast, Andy Ellis, director of Art UK, joins us to discuss the online home for every public art collection in the UK. First, Andy explains how visitors on the site can explore public art collections in the UK. Then, he shares the mission behind Art UK which is to democratize art so it is accessible to the masses. Also, Andy shares how they are able to catalogue and digitize so many artworks, how they address copyright issues and how Art UK is funded.

In this week's episode of the ArtTactic Podcast, Susie Goodman, executive director at Strauss & Co, a leading auction house in South Africa, joins us to discuss the African art market. First, Susie tells us about the evolution of the African art market over the past 10 years and what role South African has played as the most established art market. Then, she tells us to what extent renowned African contemporary artists, such as Julie Mehretu, Marlene Dumas and Njideka Akunyili Crosby, are collected by African collectors and she also identifies lesser known African artists worthy of consideration by global collectors. Susie also touches on the success of female artists in Africa as well as how the politics of the continent has influenced the kind of art being made by contemporary artists.

In this week's episode of the ArtTactic Podcast, Anders Petterson, founder of ArtTactic, joins us to discuss the art market in 2019 as well as highlight a few recently released ArtTactic reports. First, recaps the art market's performance in the first half of 2019 and shares ArtTactic's outlook for the autumn season. Then, he identifies some of the key findings from ArtTactic's inaugural Auction Guarantee report and explains what role guarantees have been playing in the market so far this year. Finally, Anders updates us on the ArtTactic Forecaster auction prediction platform, which has now recorded over 1.2 million forecasts.

In this week's episode of the ArtTactic Podcast, Freya Simms, CEO of LAPADA, joins us to recap last week's annual LAPADA Art & Antiques Fair in London. First, Freya tells us how the fair went and identifies some highlights that were for sale. Then, she gives her thoughts on the state of the broader antiques market and how the market has shifted over the past decade. Also, Freya discusses an interesting trend that has led eco-conscious shoppers to acquiring antiques over new furniture. Finally, Freya reveals how often people actually find hidden antique gems in their attics!

In this week's episode of the ArtTactic Podcast, Anne Rappa, senior vice president at Huntington T. Block, joins us to answer our questions on art insurance. First, Anne identifies and corrects some of the most common misconceptions about art insurance. Then, she reveals how climate change has impacted art insurance and if there has been a recent uptick in claims as a result of severe weather. Also, Anne explains the difference between blanket and itemized art insurance. Lastly, Anne offers advice to collectors who are trying to make sure they aren't over or under insured, especially considering the frequent changes in values in the contemporary art market.

In this week's edition of the ArtTactic Podcast, Victoria Stapley-Brown, former deputy museums editor at The Art Newspaper, joins us to discuss the state of museums in the US following the controversy surrounding Warren Kanders' resignation from the Whitney Museum board. First, Victoria shares if there is any consensus or even guidance regarding what is deemed acceptable sources of funding in 2019 for museums. Then, she touches on the level of nervousness museums are feeling on if these high-profile incidents may discourage philanthropy moving forward. Also, Victoria tells us if she expects the museum industry to make any drastic changes moving forward because of these controversies.

In this week's edition of the ArtTactic Podcast, Hannah Elliott, staff writer at Bloomberg News covering the luxury sector, joins us to recap the Monterey classic car auctions. First, Hannah breaks down the unfathomable auction blunder at Sotheby's for the Porsche Type 64. Then, she recaps the overall performance of the classic car market during the week and explains why some referred to it as a bloodbath. Hannah also reveals which carmaker is frequently dominating the market and explains why Asian car collectors haven't had an impact on the market yet.

In this week's episode, we're joined by professor Jerry Wind, the Lauder Professor Emeritus and Professor of Marketing at The Wharton School of the University of Pennsylvania and co-author of Can Art Aid in Resolving Conflicts. First, we discuss the recent news of Sotheby's being purchased and transforming from a publicly traded auction house to a privately owned business. Jerry explains some of the ways being a public company may have been prohibitive for Sotheby's. Also, he shares how he envisions their business evolving. Further, Jerry tells us how Sotheby's and its rival Christie's may compete against each other now that both are private firms. Then, we discuss Jerry's new book, Can Art Aid in Resolving Conflicts and he identifies some of the most notable examples of when art played a role in resolving conflicts or building bridges among opposing groups.

In this week's episode of the ArtTactic Podcast we speak with Nanne Dekking, founder and CEO of Artory, whose mission is to create a vast artwork registry. First, we ask Nanne about their partnership with Christie's and if they plan to partner with more auction houses moving forward. Then, he breaks down the competitive landscape in the artwork registry space and identifies the keys to being the surviving registry that the art world utilizes. Also, Nanne explains how much demand there is for this type of product at this moment and why that it will continue to grow moving forward.

In this week's edition of the ArtTactic Podcast we're joined by Meg Corcoran, a researcher at ArtTactic, focused on the Old Masters market, and a gallery manager at Stephen Ongpin Fine Art, a gallery specializing in Old Masters, 19th Century and Modern drawings and works on paper. First, Meg reveals the extent to which the Old Masters market is trending upwards the past few years. Then, she reveals how two recent blockbuster Old Masters sales, the da Vinci's Salvator Mundi and Caravaggio's Judith and Holofernes, has impacted the entire market. Also, Meg touches on what the industry is doing to try to attract young collectors and what opportunities uniquely exist in the Old Masters market.

In this week's episode of the ArtTactic Podcast, we chat with Gareth Harris, chief contributing editor at The Art Newspaper and contributor to the Financial Times, to help us recap the Venice Biennale and Art Basel. First, Gareth shares his thoughts on this year's the Venice Biennale and he identifies some of the most talked about artists included in this edition. Then, he discusses how Art Basel is different when it coincides with the Venice Biennale and specifically to what extent the Biennale influenced what galleries brought to Art Basel. Gareth tells us how strong sales were at this Art Basel and he even identifies some key sales from the fair. Lastly, Gareth reveals to us what other topics were being discussed by art market insiders at the fair.

In this week's edition of the ArtTactic Podcast we chat with Philippe Gellman, founder and CEO of Arteia, a technology platform that functions as collection management, provenance tracking and a marketplace for buyers and sellers. First, Philippe shares his vision for Arteia and what its role can be in the art market. Then, he explains what differentiates his platform from others that already exist in the art market. Also, Philippe reveals how they plan on building a marketplace where buyers and sellers can transact directly. Lastly, Philippe clarifies why they are using an initial coin offering to raise funds for the company.

In this week's episode of the ArtTactic Podcast, Morgan Long, senior director at The Fine Art Group, joins us to breakdown last week's post-war and contemporary auctions. First, Morgan shares some of her major takeaways from this past week's sales. Then, she identifies some of the artists who were the biggest winners and losers. Also, Morgan details the extent to which female artists are undervalued and how they used this strategy in their art investment funds. Additionally, she touches on prices for young artists, identifies the different services The Fine Art Group offers and also explains why guarantees aren't as lucrative as they used to be.

In this week's edition of the ArtTactic Podcast, we chat with Robert Norton, CEO of Verisart, a company that certifies art authenticity through blockchain technology. First, Robert reveals how the company has grown since we initially had him on the podcast in 2016. Then, he identifies some of the important partnerships the company has had with auction houses, eCommerce platforms and even artists, that has enabled the company to grow. Also, Robert discusses the timeline for when the art world will have a technological solution that is widely used to resolve art authenticity issues.

In this week's edition of the ArtTactic Podcast, we're joined by Edward Klaris, managing partner at Klaris Law. First, we speak with Ed about artificial intelligence art and he explains how artists are leveraging this technology to make artworks. Then, he identifies some of the legal issues that artists are facing in this nascent medium. Also, Ed clarifies what virtual reality art is and even shares some prominent examples of this kind of art. Lastly, Ed reveals why virtual reality artists should consider an alternative business model from the traditional one seen in the art market.

In this week's edition of the ArtTactic Podcast, we're joined by Diane Brown, founder and president of RxArt, whose mission is to help children heal by collaborating with contemporary artists to transform sterile healthcare facilities into engaging and inspiring environments. First, Diane tells us about her personal experiences that motivated her to found RxART. Then, she identifies some of the notable artists the organization has worked with, including Jeff Koons, Ed Ruscha, Laura Owens, Urs Fischer, Dan Colen and Nicolas Party. Also, Diane reveals how impactful transforming these spaces is on the children and the artists themselves.

In this week's episode of the ArtTactic Podcast, Elena Zavelev, founder of New Art Academy, joins to discuss their launch of the inaugural edition of CADAF NYC, Contemporary & Digital Art Fair, occurring May 3-5 in New York City. First, Elena tells us what prompted her to launch the fair, which is focused on immersive installation, video art, virtual reality, creative experiments on the blockchain, etc. Then, she reveals details about what the fair will be like to attend and how it will differ from a traditional art fair. Also, Elena shares how much crossover she has currently seen between traditional contemporary art collectors and digital art collectors. Lastly, Elena explains the extent to which the decline in the value of cryptocurrency has influenced cryptocurrency and blockchain art and art products.

In this week's edition of the ArtTactic Podcast, Nate Freeman, art market report for Artsy, joins us to discuss the several facets of the Dallas art community. After visiting Dallas last week for the Dallas Art Fair, Nate and Adam, who is originally from Dallas, decided to do a Dallas-themed episode. They discuss the Dallas Art Fair's position in the saturated art fair landscape, how this year's edition of the fair performed, why the Dallas collecting community is so respected by the art world and how the Dallas art scene has changed over the past decade.

In this week's episode of the ArtTactic Podcast, we speak with Jason Bailey, founder of Artnome, who has compiled the largest analytical database of artworks. First, we speak with Jason about how he leverages his database to explore art and data through a variety of projects. Then, he discusses the intersection of blockchain and art and what may serve as a catalyst to get artworks on the blockchain. Also, Jason explores how artists are using machine learning in their art. Lastly, Jason explains why he believes there is significant investment opportunity in female and minority artists.

In this week's edition of the ArtTactic Podcast, Joel Kremer, director at the Kremer Collection, a collection of Dutch and Flemish Old Masters that is accessible only via VR technology. First, Joel explains what prompted him to embrace this technology for the collection. Then, he reveals how the technology works and what it's like to experience the collection virtually. Also, Joel shares his thoughts on if this technology will eventually become prolific among museums, galleries and even auction houses.

In this week's episode of the ArtTactic Podcast, we're joined by Tarana Sawhney, chairperson of the Confederation for Indian Industry task force on art and culture, and Anders Petterson, founder and managing director of ArtTactic. Earlier this year, ArtTactic published a report on the intersection between art and philanthropy in the Indian art market, we speak at length on this topic with Tarana and Anders. They update us on recent philanthropic trends in the Indian art market and why the Indian art scene has had to rely so much on private museums, foundations and individuals. We also discuss the extent to which the government is now supporting the arts, how public spaces and events are being supported by philanthropy and how the next generation of philanthropists are being engaged.

In this week's edition of the ArtTactic Podcast, Richard Polsky, author, dealer and founder of Richard Polsky Art Authentication, updates us on his authentication practice. First, Richard explains why many artist estates and authentication boards closed down and why he stepped in in their place. Then, he reveals why he recently added Jackson Pollock to the list of artists he authenticates. Also, he tells us how museums and auction houses are valuing his authentication of a work when they are considering artworks for their exhibitions or sales. Lastly, Richard shares some anecdotes from his experiences authenticating artworks.

In this week's episode of the ArtTactic Podcast, we're joined by artist Loren Munk, who also goes by his alter persona James Kalm, founder of the Kalm Report and James Kalm Rough Cut. First, Loren explains his the concept and origins behind his YouTube channels in which he films gallery exhibition openings while providing commentary. Then, he reveals how galleries and museums have treated him over time as video recordings of exhibitions has become more commonplace lately. Also, Loren identifies some of the most interesting trends in the NY art scene including which artists he has been following lately. Lastly, Loren details the changing history of the art gallery neighborhoods of New York City, a subject matter that ties in to his paintings.

In this week's edition of the ArtTactic Podcast, Margaret Carrigan, deputy art market editor at The Art Newspaper, joins us to recap the inaugural edition of Frieze LA. First, Margaret grades the success of the fair and tells us if there was a consensus among collectors and exhibitors as to how it went. Then, she reveals if collectors from NY, Europe and Asia attended the fair. She also touches on the quality of the art on view and the layout of the fair. Margaret also discusses the inaugural edition of Felix and how the hotel fair went. Finally, Margaret predicts what the future may look like for this fair week.

In this week's edition of the ArtTactic Podcast, we're joined by David Chau, co-founder of ART021, a Shanghai contemporary art fair. First, David shares how exhibiting galleries and visiting collectors at the fair have evolved over the past 6 years. Then, he discusses different strategies employed by US and European galleries to target Chinese collectors. Also, David explains how US and European galleries without physical locations in China are having success there. Lastly, David identifies some of the common stereotypes that the global art world has about Chinese art collectors.

In this week's episode of the ArtTactic Podcast, we're here with Freya Stewart, CEO of art lending at The Fine Art Group, formerly The Fine Art Fund. First, Freya reveals why The Fine Art Group expanded into the art financing sector. Then, she shares some data regarding the level of lending at the firm. Also, Freya speculates why borrowing against your artwork still remains a niche product within the art world. Finally, she touches on their recent acquisition of Falcon Fine Art as well as predicts what the art financing space will look like in the future.

In this week's episode of the ArtTactic Podcast, we're joined by Mills Moran, co-founder of Felix LA, which will occur from February 14-17. First, Mills tells us what inspired him to launch an art fair in LA. Then, he reveals what we can expect at the inaugural edition of the fair, which will take place at the Hollywood Roosevelt Hotel. Also, Mills speaks with us about the growing LA art scene and collector base.

In this end of the year episode of the ArtTactic Podcast, Judd Tully, veteran art market reporter, joins us to review the art market in 2018. First, Judd shares the top storylines of the year with us. Then, he identifies which artists were the biggest winners over the past 12 months. Also, Judd discusses how Instagram is impacting several facets of the art market. Finally, Judd reveals how market participants are feeling as head into 2019 and also gives us two bold predictions for the art market next year.

In this week's edition of the ArtTactic Podcast, Anders Petterson, founder of ArtTactic, joins us to preview our 2018 Top Artists Report, in which we analyze and assess the top performing contemporary artists at auction by nationality, age and gender. First, Anders details the performance of the contemporary art market in 2018 and how it compared with our expectations heading into the year. Then, he identifies some of the noteworthy trends in 2018 in terms of how different artists performed at auction. Also, Anders shares some of the top performing artists during the past year, including younger artists under the age of 45.

In this week's episode of the ArtTactic Podcast, Julia Halperin, executive editor at Artnet News, joins us to recap Art Basel Miami. First, Julia discusses galleries' expectations heading into the fair week and how they felt at the conclusion of the fair. Then, she identifies some of the most noteworthy sales from the fair. Also, Julia tells us what insiders were saying about the increased attention on younger black artists. Additionally, she touches on how galleries at NADA are adopting their business models to the changing art market, what was on view at the local private museums and how everyone felt about the state of the art market as we wind down 2018.

In this week's edition of the ArtTactic Podcast, Mark Rappolt, editor-in-chief of ArtReview, joins us to review their recently published Power 100 ranking, listing the year's most influential people in the contemporary art world. First, we discuss the #metoo movement's place in the top 5 of this year's list and how it is infiltrating the art world. Then, we breakdown David Zwirner's rise to number 1 on the list as well as Larry Gagosian's fall to 22. Also, Mark lists some important trends on this year's list and identifies a few highly influential individuals on the list that may be under the radar.

In this week's episode of the ArtTactic Podcast, we're joined by Ben Stein, author of the new book Museum of Street Art: East Village. First, Ben shares the history of street art and graffiti. Then, he explains how and why he systematically photographed the street art in the East Village over 14 straight hours to capture a snapshot of the “exhibit”. Also, Ben describes the East Village's history with street art and how it differs from other neighborhoods in New York City. Additionally, Ben identifies some of the most prominent street artists in the East Village as well as some of the lesser known ones.

In this week's edition of the ArtTactic Podcast, Nate Freeman, art market report for Artsy, joins us to recap last week's New York contemporary auctions. First, Nate touches on David Hockney becoming the most expensive living artist with his $90.3 million sale of his Portrait of an Artist. Then, he discusses why we saw softening at the top of the market and strength in the middle market. Also, Nate breaks down the surging prices for undervalued African American artists and Kaws. Lastly, he shares the sentiment of the contemporary art market as we head towards Art Basel Miami.

In this week's episode of the ArtTactic Podcast, first host Adam Green talks about the origins of the ArtTactic Podcast and what motivated him to launch it in 2009. Then, he speaks with Leanne Kemp, founder and CEO of Everledger, a technology company that uses blockchain technology to track the provenance of diamonds and other valuable items. Leanne talks about the history of Everledger and discusses its success bringing a blockchain platform to the diamond industry. Then, she reveals what kind of blockchain services she will offer the art world and how different it is from the diamond industry. Also, Leanne explains what it will take for a blockchain solution to become prolific in the art world. Finally, she shares how a widely used blockchain ecosystem in the art world could benefit the industry.

In this week's episode of the ArtTactic Podcast, Ronnie Pirovino, who is recognized as one of the most prolific collectors of Kaws' work, joins us ahead of Heritage Auctions' The Toy Collection of Ronnie K. Pirovino sale on November 7th, featuring 118 lots containing Kaws toys from Ronnie's personal collection. First, Ronnie tells us why he started collecting Kaws' work in the early 2000s, well before there was the hype for his art that we see today. Also, he explains how he amassed such a large collection of works by Kaws during that time, when Kaws was not a part of the gallery system like traditional artists. Then, Ronnie shares what resonated so strongly with him in Kaws' work and artist statement that motivated him to acquire hundreds of works. Next, Ronnie speaks about what is so special about the Kaws collecting community, which some have compared to a cult, and how he organically became a leader within it who has made himself accessible to others who have questions about the artist's work. Lastly, Ronnie discusses the issue of the proliferation of bootlegs or fakes and why he wants his sale to be an opportunity for Kaws collectors to acquire works without having to worry about a questionable provenance.

In this week's episode of the ArtTactic Podcast, Bernadine Brocker, founder and CEO of Vastari, a company that connects curators, collectors, producers and venues for exhibition loans and tours, joins us to discuss findings from their recently published reports on museum trends in the art world.

In this week's edition of the ArtTactic Podcast, Jim Hedges, of Hedges Projects, joins us to discuss Outsider Art, art made by self-taught artists. First, Jim explains what art qualifies as Outsider Art and describes how it looks aesthetically. Then, he details how Outsider Art artists started being recognized even though they operated outside of the art establishment. Also, Jim discusses how the market for Outsider Art has evolved over the past few years.

In this week's episode of the ArtTactic Podcast, Colin Gleadell, art market columnist for The Daily Telegraph and art market reporter for Artnet, joins us to discuss last week's major London contemporary auctions at Christie's, Sotheby's and Phillips. First, Colin recounts what it was like to be in Sotheby's salesroom when Banksy's Balloon with Girl self-destructed. Then, he speculates if Banksy was at the sale and if Sotheby's was aware of the ploy. Also, Colin breaks down the auctions at Christie's and Sotheby's and tells us where the art market stands after the auctions.

In this week's episode of the ArtTactic Podcast, Phil Michaelson, CEO of LiveAuctioneers, joins us to discuss online bidding in the art market. First, Phil discusses LiveAuctioneers' online bidding platform and how they partner with auction houses to enable bidders to bid live in realtime in sales. Then, he discusses how online bidding as a sales channel is trending compared to absentee bids, telephone bids and in-person bidding. Also, Phil touches on the importance of an auction house's brand when it comes to instilling confidence in online bidding as well identifying certain art market trends based on their aggregated bidding data.

In this week's episode of the ArtTactic Podcast, Asher Edelman, founding member and CEO of Artemus, an art financing and leasing company, joins us to catch-up on the latest activities in the art financing space as well as discuss the current state of the art market. First, Asher reveals the increased lending activity at Artemus and speculates why he believes the art world is more receptive to art financing than it was previously. With the art market starting up again with art fairs, auctions and gallery shows after the annual summer hiatus, Asher tells us why he's concerned about the short-term future of the art market, in large part due to non-Western collectors potentially leaving the marketplace. Also, Asher reveals why he's tracking the number of 3rd party guarantors who are winning artworks at auction.

In this week's edition of the ArtTactic Podcast, Hannah Elliott, staff writer at Bloomberg News covering the luxury sector, joins us to recap the Monterey classic car auctions, the biggest event of the year in the classic car market. First, Hannah tells us about the headline grabbing 1962 Ferrari 250 GTO that sold for $48.4 million, the highest price ever for a car at auction. Hannah shares the history of the car and why it set an auction record. Then, she sets the scene for us in Monterey, explaining how many auctions occurred and how many cars were sold. Next, Hannah describes the health of the classic car market following the auctions, including which brands outperformed and which ones experienced softening. Lastly, Hannah touches on if wealthy Asian individuals are penetrating the car market, like they are the art market, how car companies are levering the auction week to debut new cars, and if we are seeing some collectors who collect both art and classic cars.

In this week's episode of the ArtTactic Podcast, Dr Iain Robertson, head of art business at the Sotheby's Institute of Art in London, joins us to discuss his new book, New Art, New Market, exploring several emerging contemporary art markets. First, Iain explains why he decided to write the book now and identifies which geographies he explores in the book. Then, he tells us which markets he is feeling most bullish about and which ones have him most concerned. Also, Iain discusses the extent to which western art collectors are collecting artists from emerging art markets and how that differs from a decade ago before the economic crisis. Lastly, he explains government's ideal role in the development of a nascent contemporary art market.

In this week's episode of the ArtTactic Podcast, we speak with Christine Bourron, CEO of Pi-eX, a firm that offers financial instruments based on art in the art market. First, Christine introduces us to contract on future sales, a product that enables sellers to pre-sell a percentage of their artwork to investors in advance of their artwork heading to auction. Then, Christine argues why this is a superior product to traditional third party guarantees offered by auction houses. Also, she explains why investors interested in this product won't be limited to art world insiders.

In this week's episode of the ArtTactic Podcast, we're joined by Scott Lynn, founder of Masterworks, a startup that allows investors to buy and trade in shares of artworks. First, as an active collector, Scott tells us what motivated him to launch a company that provides others with the opportunity to have fractional ownership in artworks. Then, he walks us through how Masterworks works, including how they acquire their artworks for the platform and how individuals can purchase and trade shares of an artwork. Also, Scott reveals why they chose artworks by Andy Warhol and Claude Monet as the first two on the platform. Lastly, he discusses his plans to eventually establish a physical gallery where viewers can see the art on the platform in person and have the opportunity to purchase shares of the artwork on the spot.

In this week's edition of the ArtTactic Podcast, Rachel Corbett, deputy editor at Artnet News, joins us to discuss the alarming trend of decreasing gallery attendance. First, Rachel explains the extent to which visitor attendance is declining at art galleries. Then, she identifies some of the primary reasons why this is occurring. Also, Rachel reveals the measures galleries are taking to reverse this trend. Lastly, she speculates on what the future may look like for brick-and-mortar galleries if this trend continues.

In this week's episode of the ArtTactic Podcast, Jessica Klein, freelance journalist, joins us to discuss her recent article in The Outline on the art world, cryptocurrency and blockchain. First, Jessica identifies a few notable artists currently incorporating blockchain technology and cryptocurrency in their art in different ways, such as Kevin Abosch, Cryptograffiti and Sarah Meyohas. Then, she tells us if there is any crossover between the collectors of this blockchain and cryptocurrency art and more traditional contemporary art. After, Jessica explains how select galleries and auction houses are targeting the newly crypto wealthy. Lastly, she identifies some of the art world startups that are leveraging blockchain technology to try to address provenance issues.

In this week's episode of the ArtTactic Podcast, Patrick van der Vorst, CEO of ValueMyStuff, an online appraisal company, joins us to update us on the appraisals market. First, Patrick tells us about his experiences at Sotheby's and what inspired him to found Value My Stuff in 2009. Then, he identifies some of the major changes in the appraisals space since we last had him on the podcast five years ago. Then, Patrick reveals how many of the appraisals generated at ValueMyStuff are by individuals trying to figure out what something is worth versus repeat customers getting updated appraisals because of shifts in the market. Lastly, Patrick shares some of the most fascinating findings from ArtTactic and ValueMyStuff's recently published Valuations & Appraisals Market Report.

In this week's episode of the ArtTactic Podcast, Judd Tully, veteran art market reporter, joins us to recap last week's edition of Art Basel. First, Judd comments on the trend seen in recent years in which several galleries are bringing high-value artworks at a level previously unseen at the fair. Then, Judd reveals if the recent and overdue commercial growth for African American and female artists continued at the fair. Also, he touches on some of the interesting topics discussed amongst insiders at the fair, including a London art advisor who has been scamming deals and advisors, the response to Art Basel Unlimited and the high degree of pre-selling that occurred before the fair. Lastly, Judd describes the current health of the contemporary art market and tells us if there is any reason for concern.

In this week's episode of the ArtTactic Podcast, Anders Petterson, founder and managing director of ArtTactic, and Zohar Elhanani, CEO of MutualArt, join us to discuss the importance of data and transparency in the art market. First, Anders reflects on his experiences in the art market over the past two decades and describes the level of increased access to data and market transparency since then. After, Zohar, having a diverse background with significant experience outside of the art world, explains what the art world can learn from other industries who have experienced transformations in how data is leveraged. Then, they identify what kind of additional data and improved transparency the market is seeking. Also, they touch on ArtTactic and MutualArt's new partnership surrounding involving advanced analytics to participants in ArtTactic's ArtForecaster competitions.