2025 Art World Predictions & Favorite Shows of 2024

2025 Art World Predictions
I am reviving sending a quarterly newsletter on the art market as one of my New Year's resolutions for 2025. Read on for my predictions for the year, a debrief on FOG and my favortite art shows of 2024.
Annual FOG Art Fair

Living in the Bay Area, it’s always nice to have the annual FOG Art Fair as the unofficial opening event of the year. It opens with a big bash to benefit SFMOMA on Wednesday night followed by   serious buying and panel discussions to follow. It is many people in the Bay Area’s “first art fair” and a convening moment for the West Coast. Many attendees visited from LA this year and the overall vibe was that Frieze LA should continue as planned in late February. If you want to show you care about the decimation the fires recently wrought, come to the city of dreams and buy art later this month. 

LET'S CONNECT AT FRIEZE LA
Looking back: Favorite Shows of 2024
Christina Ramberg: A Retrospective which I saw both at its host institution the Art Institute of Chicago and at the Hammer Museum in LA in December. Its final stop is the Philadelphia Museum of Art Feb 8 -June 1, 2025, so for all my East Coasters, you still have a chance to see it this year.
Paul Pfeiffer: Prologue to the Story of the Birth of Freedom curated by LACMA - I learned so much about an artist and practice I knew so little about, a true testament to having a survey show, as the impact of his work is much greater when viewed together.

Keith Haring: Art is for Everyone seen at the Walker but curated by the Broad and seriously half owned by Masterworks, this exhibition showed how much Haring infused art into every aspect of his life to really prove art is for everyone. Shout out to Sotheby’s installation of his subway drawings in November as well.

Honorable Mention: All women all the time in the Bay Area rn: Mary Cassat at the Legion, Tamara Lempicka at the de Young (did not feature the strongest examples), Making their Mark show at BAMPFA and Amy Sherald at SFMOMA with SECA winner Rupy C Tut.

2025 Art World Predictions

I like to start out the year with a few predictions, mostly for the opportunity to hold myself accountable at the end of the year and reflect on how things panned out.  

  1. The gap between the primary market and secondary market will become smaller. It is currently relatively substantial as people sit on their hands while they wait to see if the auction prices will improve in 2025.
  2. A strong artist-run online marketplace will emerge that will finally solve this problem: “How do I buy art from emerging artists at accessible prices?
  3. I truly hope that somebody figures out how to run a successful art fund, but I mostly hope that people interested in art as an asset class just start buying art for their own collections-a great art collection is illiquid and time consuming but will ultimately have the best returns-plus you get to live with it.
Legacy Art Partners is a full service art advisory firm partnering with contemporary art collectors across the US. Wherever you are in your collecting journey, build your legacy with us.
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Amelia is a Founding Partner at Legacy Art Partners, a full service contemporary art advisory firm. Legacy Art Partners works with collectors throughout the lifecycle of their collecting journey, providing sales strategy, acquisitions plans and art market valuation and analysis.

Interested in learning more about our services? We would love to hear from you.
amelia@legacyartpartners.us

 
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2023 Art World Predictions & Art as an Asset Class on Art Breaker