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Home›Painting Auctions›Before Art Basel Miami 2021, gender parity in the art market is still lacking; But could NFTs change that?

Before Art Basel Miami 2021, gender parity in the art market is still lacking; But could NFTs change that?

By Jorge March
November 30, 2021
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PARIS, November 30, 2021 / CNW / – Despite the big result for an exceptional (and relatively small) painting by Frida Kahlo, the Mexican artist was still only in 18th place in the ranking of Artprice artists by auction turnover for the month of November 2021, behind 17 male artists. And while this trend has completely reversed for the generation of artists born after 1985 (the 8 best-selling signatures were all young women!), One wonders: what is the situation of gender parity on the NFT market?

Frida Khalo – Courtesy of the Organ Museum / Abode of Chaos

thierry Ehrmann, CEO and founder of Artmarket.com and its Artprice department: “The creation of the TVN market should be an opportunity to achieve a kind of gender parity in the art market. Technology is revolutionizing an entire industry, as shown by Art Basel Miami Beach which opens its doors this year in Tezos (“home to one of the fastest growing NFT artist communities “) and Scope Miami which has decided to issue its VIP invitations in the form of non-fungible tokens“.

“Women’s world”

It was only a few years since NFTs first appeared on the web, and only a few months since the general public discovered non-fungible digital tokens; but some have already commented on the lack of female presence in this new world. Several projects have nevertheless been developed to try to correct this imbalance, starting with a collection of exclusively female PFPs (profile photos) by Women’s world: https://opensea.io/collection/world-of-women-nft

“World of Women was created to bring more diversity and inclusion to the NFT space while bridging the gap between collectibles and unique edition art worlds.“.

Given the long-standing gender disparity in the traditional art market, fears of a male-dominated digital world seem perfectly rational. that of New York the prestigious November sales – driven by the Macklowe Collection at Sotheby’s and the Cox Collection at Christie’s – were once again dominated by Warhol, Van Gogh, Picasso, Monet, Twombly, Rothko, Giacometti, Richter, etc.

But things are changing …

Frida Kahlo was the top-selling female artist at November this year’s auction, but she was behind eighteen men. A study published by Ken Bromley Art Supplies in 2020 found that the Mexican painter ranked second among the world’s most searched artists on Google (first in 29 countries) behind Leonardo DeVinci.

Diego and you (1949) is one of the most important paintings of Frida Kahlo that does not belong to a museum. At November 16, 2021 he went to look for $ 34 million at Sotheby’s, 22 times its previous value in 1990. Although this was a very impressive result for the Mexican artist, Frida Kahlo still not in competition with Andy warhol, whose signature generated $ 165 million to November 2021 prestigious auctions.

Top 10 female artists auctioned at November 2021

World ranking – Artist – Auction turnover

18 – Frida KAHLO (1907-1954):

$ 34,883,000

28 – Agnès MARTIN (1912-2004):

$ 21,765,500

30 – Cecily BROWN (1969-):

$ 20,706,150

32nd – Joan MITCHELL (1926-1992):

$ 20,053,500

41st – Georgia O’KEEFFE (1887-1986):

$ 14,561,300

52nd – Yayoi KUSAMA (1929-):

$ 9,198,600

53rd – Lee BONTECOU (1931-):

$ 9,176,500

58th – Hélène FRANKENTHALER (1928-2011):

$ 8,177,100

59th – Cindy SHERMAN (1954-):

$ 8,162,100

62nd – Tamara DE LEMPICKA (1898-1980):

$ 7,896,300

Over the past decade, women artists under 40 have nonetheless established themselves as the most successful artists of their generation in the auction market. In 2013 – 2014, collectors fell in love with the work of Tauba Auerbach (1981) represented by the Paula Cooper gallery. This trend was gradually accentuated to the point that the turnover of artists born after 1985 (for November 2021) is strongly dominated by female painters.

Top 10 artists born after 1985 auctioned at November 2021

World ranking – Artist – Auction turnover

1st – Avery SINGER (1987-):

$ 4,638,900

2nd – Toyin Ojih ODUTOLA (1985-):

$ 2,235,900

3rd – Flore YUKHNOVICH (1990 -):

$ 1,951,100

4th – Jadé FADOJUTIMI (1993-):

$ 1,053,400

5th – Christina QUARLES (1985-):

$ 948,000

6th – Jordan CASTEEL (1989-):

$ 806,500

7th – Issy BOIS (1993-):

$ 768,750

8th – Allison ZUCKERMAN (1990-):

$ 636,600

9th – Ismail ISSHAQ (1989-):

$ 589,300

10th – Oscar MURILLO (1986-):

$ 432,900

Picture : [https://imgpublic.artprice.com/img/wp/sites/11/2021/11/image1-Frida-KAHLO.jpg]

Copyright 1987-2021 thierry Ehrmann www.artialis – www.artmarket.com

About Artmarket:

Artmarket.com is listed on the Eurolist of Euronext Paris, SRD long only and Euroclear: 7478 – Bloomberg: PRC – Reuters: ARTF.

Discover Artmarket and its Artprice department in video: www.art chauffage/video

Artmarket and its Artprice department were founded in 1997 by its CEO, Thierry Ehrmann. Artmarket and its Artprice department are controlled by the Server Group, created in 1987.

See the certified biography in Who’s who ©:
Biography_thierry_Ehrmann_2022_WhosWhoInFrance.pdf

Artmarket is a global player in the Art Market with, among other structures, its Artprice department, a world leader in the collection, management and use of historical and current information on the art market in banks of data containing over 30 million listings and auction results, covering over 770,000 artists.

Artprice by Artmarket, world leader in information on the art market, has set itself the ambition through its Global Standardized Marketplace to be the first global platform for NFT Fine Art.

Artprice Images® allows unlimited access to the largest image bank of the Art Market in the world: no less than 180 million digital images of photographs or engraved reproductions of works of art from 1700 to the present day , commented on by our art historians.

Artmarket with its Artprice department continuously accumulates data from 6,300 Auction Houses and produces key information on the Art Market for the main press and media agencies (7,200 publications). Its 5.4 million users (“member login” + social media) have access to ads posted by other members, a network that is today the world’s leading standardized marketplace® for buying and selling works. art at a fixed or offered price (auctions regulated by paragraphs 2 and 3 of article L 321.3 of from France Trade code).

Artmarket with its Artprice department, obtained the State label “Innovative Company” by the Public Investment Bank (BPI) (for the second time in november 2018 for a further period of 3 years) which supports the company in its project to consolidate its position as a global player in the art market.

Artprice Report on the Contemporary Art Market 2020/21 by Artmarket.com:
https://www.artUSD/artprice-reports/the-contemporary-art-market-report-2021

The 2020 Artprice Global Art Market Report by Artmarket published in March 2021:
https://www.artUSD/artprice-reports/the-art-market-in-2020

Index of press releases published by Artmarket with its Artprice service:
server.server.com/press_release/pressreleaseen.htm

Follow all the news of the Art Market in real time with Artmarket and its Artprice service on Facebook and Twitter:

www.facebook.com/artpricedotcom/ (over 5.4 million followers)
twitter.com/artmarketdotcom
twitter.com/artpricedotcom

Discover the alchemy and the universe of Artmarket and its artprice department https://www.art chauffage/video whose headquarters are at the famous Museum of Contemporary Organ Art “La Demeure du Chaos” (dixit Le New York Times): https://issuu.com/demeureduchaos/docs/demeureduchaos-abodeofchaos-opus-ix-1999-2013

L’Obs – The Museum of the Future: https://youtu.be/29LXBPJrs-o
www.facebook.com/la.demeure.du.chaos.theabodeofchaos999

(4.4 million subscribers)
https://vimeo.com/124643720

Contact Artmarket.com and its Artprice service – Contact: Thierry ehrmann, [email protected]

Photo – https://mma.prnewswire.com/media/1699045/ArtMarket_Frida_Khalo.jpg
Logo – https://mma.prnewswire.com/media/1009603/Art_Market_logo.jpg

Art Market Logo (PRNewsfoto / Artprice.com)

Cision

View original content to download multimedia: https://www.prnewswire.com/news-releases/artmarketcom-ahead-of-art-basel-miami-2021-art-market-gender-parity-is-still-wanting -but -might-nfts-change-than-301433963.html

SOURCE Artmarket.com

Cision

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/November2021/30/c4631.html



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