Mei Moses Releases Two Art Reports

Our friends at Mei Moses/Beautiful Asset Advisors have released two new reports on the art market,  the nine city based collecting category indexes and the World All Art Tracking Report.  The World All Art Tracking report shows a continue decline in the art market, with a drop of 2.2% for the year to date.

The good news is the decline is showing signs of slowing, as the year end 2012 report showed a 3.3 decline.

Beautiful Asset Advisors report

THE WORLD WIDE AUCTION ART MARKET CONTINUED TO RESPOND TO GLOBAL ECONOMIC AND POLITICAL UNCERTAINTY WITH FULL YEAR PERFORMANCE INDICATING A DECLINE OF 3.28% IN THE MEI MOSES® WORLD ALL ART INDEX AND WEAKNESS IN THREE OF THE FOUR WORLD COLLECTING CATEGORY INDEXES. ART UNDERPERFORMED EQUITY INDEXES IN 2012.

HOWEVER THREE UNIQUE CITY BASED INDEXES AS WELL AS SIX WORLD COLLECTING CATEGORY INDEXES WITH CITY BASED MARKETS SHOWED SIGNIFICANT INTERNAL VARIABILITY. PREVIOUS STRONG PERFORMERS SHOWED WEAKNESS WHILE SOME EARLIER WEAK PERFORMERS SHOWED STRENGTH. ARE WE SEEING CHANGES IN COLLECTOR TASTE AT PLAY?©

2012 PERFORMANCE OF MEI MOSES® CITY COLLECTING CATEGORY INDEXES

IMPRESSIONIST AND MODERN INDEX
NEW YORK DOWN 4.9% LONDON UP 5.5%

POST WAR AND CONTEMPROARY INDEX
NEW YORK DOWN 2.5%

OLD MASTER & 19TH CENTURY INDEX
AMSTERDAM DOWN 24.8% NEW YORK UP 4.7%
LONDON UP 12.7%

LATIN AMERICAN INDEX NEW YORK BASED UP 6.8%

AMERICAN ART INDEX NEW YORK BASED UP 21.9%

BRITISH WORKS OF ART INDEX LONDON BASED UP 1.2%

Source: Mei Moses/Beautiful Asset Advisors