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Art Market Explainers

Editorial artwork for How the Art Market Works
Art Market Explainers

How the Art Market Works

How the art market works: its size, the dealers and auction houses that run it, how prices form, and why its opacity is the whole opportunity for investors.

Masterworks Research · Jul 18, 2026 · 24 min
Art Market Explainers

What Is Modern Art? The 1860 to 1970 Market Explained

Modern art runs from the 1860s to about 1970, from Impressionism to Minimalism. Here is what defines it and why it anchors the blue-chip auction market.

Masterworks Research · Jul 16, 2026 · 15 min
Art Market Explainers

The Most Expensive NFTs and What Happened to Them

Beeple sold for $69.3M and Pak's The Merge for $91.8M. We trace the record NFT sales, the 90%-plus collapse that followed, and what it teaches investors.

Masterworks Research · Jul 16, 2026 · 18 min
Art Market Explainers

Street Art and Graffiti: From Vandalism to Blue Chip

How street art went from illegal subway tags to blue-chip auctions. We trace Haring, Basquiat, Banksy, and KAWS, the records, and what the market means for investors.

Masterworks Research · Jul 16, 2026 · 17 min
Art Market Explainers

Photorealism and Hyperrealism as Collecting Categories

Photorealism and Hyperrealism explained for investors: the movement's origins, the key-artist auction records, and how the category sits relative to broader contemporary art.

Masterworks Research · Jul 16, 2026 · 15 min
Art Market Explainers

Neo-Expressionism: Basquiat, Schnabel, and the 1980s Boom

Neo-Expressionism returned painting to figuration in the 1980s, drove a speculative boom, then corrected hard. What the cycle and Basquiat's dominance teach investors.

Masterworks Research · Jul 15, 2026 · 16 min