ARTnews editors compiled the definitive list of the world’s top 135 art professionals for 2024. For the second year in a row, Megan Fox Kelly Art Advisory is named one of the top 40 art advisors in the world.
Read the full list here.
Journalist Brian Boucher compiled the definitive list of the world’s top 75 art professionals for ARTnews. Within this list, he named Megan Fox Kelly Art Advisory one of the top 10 art advisors in the world.
“Having advised since 1989, New York’s Megan Fox Kelly began her career as a curator, and describes her work as curating collections ranging from vintage photography to postwar and contemporary art. She has served numerous institutions and estates, including the Terra Foundation for American Art and the Robert Rauschenberg Foundation. She’s a frequent go-to expert on the art market for papers like the New York Times and the Wall Street Journal.”
Read the full list here.
Image: Village Green.
Artnet News’ inaugural half-year edition of the Intelligence Report paints a clear picture of today’s art market by the numbers, with a wealth of eye-opening data points. Megan Fox Kelly contributes to the report’s ‘Marketplace: The Best Seller List (Impressionist and Modern)’ category.
In the Impressionist and Modern category, the Artnet News team reports that “Rarity and freshness are the names of the game in this segment of the market, which encompasses work by artists born between 1821 and 1910. The five best-performing paintings had never appeared at auction before.”
In the Imp-Mod category, as in many others, “we are clearly moving into a period of correction following the turbulence in the financial markets,” said art advisor Megan Fox Kelly. “Not a sharp swing, but some price sensitivity and more discretion in buying.”
Read the full Intelligence Report here.
Illustrator: Flatbush Brown.
Artnet News’ Spring 2022 edition of the Intelligence Report shares the biggest takeaways from the market’s performance last year—and insider tips on how to get ahead in 2022. Megan Fox Kelly contributes to the report’s ‘Marketplace: The Best Seller List (Photography and Impressionist & Modern)’ categories.
In the Photography category, Ansel Adams’ Moonrise, Hernandez, New Mexico (1941) fetched $930,000 at Christie’s, surpassing its healthy $700,000 high estimate. When the picture last sold, in 1996, it achieved $36,650, making the latest price “an extraordinary jump for Ansel Adams,” art advisor Megan Fox Kelly said. Years ago, Adams’ work was primarily the domain of photography specialists. But over time, and with the increased reach provided by online viewing and bidding, he’s begun to attract crossover interest. It doesn’t hurt, Fox Kelly noted, that this image is “particularly beautiful.”
In the Impressionist and Modern category, the Artnet News team reports that “Two top-flight collections made the often sleepy Imp-Mod category—defined as work made by artists born between 1821 and 1910—perhaps the hottest of the year […] all told, eight Imp-Mod paintings fetched more than $50 million each.”
The Getty Museum purchased Gustave Caillebotte’s Jeune homme à sa fenêtre (1876), the final lot of the Cox sale, and swiftly put it on public view. Expected to bring above $50 million, the rare and imposing painting of the artist’s brother sold for a premium-inclusive $53 million, shattering the artist’s $22 million record. Some experts said the canvas had notable condition problems, particularly in the black at the center. “There has never been anything like it on the auction market, making it not only a rare opportunity to get such a signature Impressionist painting but also making it one of those difficult-to-estimate lots,” said Megan Fox Kelly.
“People were concerned about how deep the highest end of the market was,” said Megan Fox Kelly. The results proved that demand was there.
Read the full Intelligence Report here.
Image courtesy of Megan Fox Kelly.
Journalist Nate Freeman reports on Megan Fox Kelly’s recent election to become president of the Association of Professional Art Advisors (APAA).
Quoted in Freemans’s article, ‘Megan Fox Kelly Elected President of Association of Professional Art Advisors ’ (May 5, 2017), Megan Fox Kelly shares that, “We are not private dealers or auction house personnel and do not maintain inventories of art for sale. APAA members are independent advisors and advocates on behalf of their clients. We continue to grow our membership and look forward to welcoming art advisors and private collection curators who share our level of connoisseurship, scholarship, expertise in the art market, and ethical business practices.”
Founded in 1980, the APAA acts as a watchdog that sets the ethical standard for art advisors. Megan will replace Joe Houston, the curator of Kansas City’s Hallmark Art Collection, who served a two-year term. “Joe has raised APAA’s profile as a resource for collectors, and the general public through online platforms and our newly designed APAA News,” Fox Kelly said in a press release. “Thanks to his work, we continue to educate the public, media, and broader art community as advocates for standards of professional practice for qualified art advisors.”
Read the full article by Nate Freeman here.