Art World Buzz: Who's Hot and What's Not in Current Expectations
People currently seem to think the Turner Prize will go to someone else entirely. Expectations are leaning against each of the named contenders. No clear favorite has emerged from that group. The mood suggests a surprise winner might be coming.
Picasso appears favored for top auction turnover this cycle. Warhol and Basquiat are looking doubtful for the number one spot. The famous Salvator Mundi painting probably won't go on public display anytime soon. That outcome seems increasingly unlikely.
China taking the lead in the global art market isn't favored right now. Sotheby's is currently preferred over Christie's for higher sales totals. The auction house rivalry continues to draw attention. Most watchers give the edge to one side.
A major artwork selling for an enormous sum seems likely before year end. Opinions split on specific pieces by Alma Thomas and Ed Ruscha though. Both have a slight lean toward missing their price targets. The market feels divided on those particular works.