Will the post-pandemic art market bounce back continue? with James Lindow from Ecclesiastical
Summary: Dr James Lindow discusses how the UK’s position as a market leader has been challenged by those of China and the United States, along with the steadily growing European markets. He also notes how the market has grown perhaps more diverse than ever, with the highest-selling pieces of 2021 produced by Picasso, Basquiat and Botticelli, respectively. Furthermore, the pandemic exemplified the importance of online auctions as an alternative mode of high-ticket art sales for years to come.
Quote: “This time with the undercurrent of everything that's going on in Russia and Ukraine, it would suggest that actually, auction sales are not being as impacted as perhaps we might have thought. But obviously, it's very early, you know that the market is incredibly fickle. And I think what we have seen is this great level of art still coming to market.”
Resources:
Dr James Lindow LinkedIn profile
Sarah Willoughby LinkedIn profile
Run time: 14.59
About the guest:
Dr James Lindow, Art & Private Client Underwriting Director at Ecclesiastical, has 25 years of high net worth and fine art experience. He also works commercially at Ecclesiastical, assisting senior management with commercial fine art risks. He has a PhD in the History of Art and is the author of The Renaissance Palace in Florence: Magnificence and Splendour in Fifteenth-Century Italy.
About the host:
Sarah Willoughby, Art & Private Client Business Director at Ecclesiastical, leads the Art & Private Clients team and brings over 28 years’ experience in the high net worth sector. Sarah joined Ecclesiastical in 2016 after 16 years with Oak Underwriting where she was Deputy Managing Director and over the years has been involved in all aspects of the business bringing a wealth of high net worth expertise and knowledge.
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