Artmark auction house and the Bucharest Stock Exhange have released the second edition of the index of the Romanian art market, as “an absolutely necessary instrument of transparency for the art market quotes, in the context of an accelerated development on the art market, and as art’s positioning as an alternative investment”, as was stated in an official press release from Artmark.
The Artmark art index was launched in 2009, and it will be updated yearly from now on. The index monitors and processes all the public works auctioned in Romania, in the last 16 years. The catalogue comprises an approximate of 1,000 Romanian artists and the information about them refers to the quotes and annual yields of these artists, concluding the average annual yields all throughout the entire period of transaction of each artist, illustrated through graphics of the market value evolution.
The catalogue aims to translate art into figures and focuses on the following arts: drawing, painting, color techniques, engraving, sculpture, photography and poster.
Corina Dumitrescu