DGAP-News

artnet AG: Second Quarter off to a Strong Start as Artnet Auctions Achieves New Heights in April - Seite 2

"The online art market is at a fever pitch," says Jacob Pabst, CEO of Artnet. "More artwork is being offered and traded than ever before in the digital realm, and trust in the platform and access to quality works is critical to this growing client base. Artnet Auctions' efficiency, digitally native operation, and 24/7 offering is unmatched in the market."

Trust and access are key considerations for clients in the online market, and April saw the successful sale of Andy Warhol's Campbell Soup Cans II, (complete series of 10 works) for $456,000 as well as Aboudia's Untitled which sold for $144,000.

The spring season is well underway at Artnet Auctions, though no slowdown is in sight. The team's highly anticipated Street Level sale is open for consignments through May 20th, and perennially successful Contemporary Editions sale is open for consignments through June 2nd.

The recently published Quarterly Interim Statement for the First Quarter of 2021 is available at artnet.com/investor-relations/quarterly-reports

About Artnet

Artnet is the leading resource for buying, selling, and researching art online. Founded in 1989, Artnet's suite of industry-leading products has revolutionized the way people discover and collect art today.

The Price Database contains more than 14 million auction results from 1,900 auction houses dating back to 1985, providing an unparalleled level of transparency to the art market. The Gallery Network platform connects leading galleries with collectors from around the world, offering the most comprehensive overview of artworks for sale. Artnet Auctions was the first dedicated online marketplace for fine art, providing a seamless and efficient collecting experience for both buyers and sellers. Artnet News covers the events, trends, and people shaping the global art market with up-to-the-minute analysis and expert commentary. Artnet AG is listed in the Prime Standard of the Frankfurt Stock Exchange, the segment with the highest transparency standards.