Feb 28th, 2008
Paintings aren’t as popular as they used to be
The Quebec organization responsible for statistics, Institut de la statistique du Québec, just published recent data on art pieces bought by institutions such as large corporations, museums and cities.
In the document titled Statistiques en bref no. 35, it appears that sculptures are becoming the most popular form of art bought by that type of collectors. Over a four-year period, the number of sculptures bought went from a miserable 40 to an honorable 1208 pieces! And that doesn’t even include public art which has its own category.
It is also worthwhile to mention that the number of institutions dropped from 146 to 114 while at the same time the number of art pieces sold went from 1305 to 2797. In other words, there are fewer collectors buying more art pieces. This means that art bought that way in Quebec is more and more held in fewer hands.
