The Art Business
Routledge, 2008 M08 28 - 246 páginas
By the time you read this book, the art world may have witnessed the sale of its first $500 million painting. Whilst for some people money is anathema to art this is clearly a wealthy international industry, and a market with its own conventions and pressures.
Drawing on the vast experience of Sotheby’s Institute of Art, The Art Business exposes the realities of the commercial trade in fine art and antiques. Attention is devoted to the role of auction houses, commercial galleries and art museums as key institutions, with the text divided into four thematic sections covering:
This book provides a thorough examination of contemporary issues in the art business, and the mechanisms and influences which underpin its evolution. It is essential reading for students of art history or international business, or anyone with an interest in pursuing a career in this area.
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... carpets, and art: aesthetic and financial value in contemporary art ANTHONY DOWNEY 4 Investing in art: art as an asset class JEREMY ECKSTEIN 5 'Chindia' as art market opportunity IAIN ROBERTSON, VICTORIA L. TSENG, AND SONAL SINGH ...
... whether a collector, investor or museum curator, is open to abuse and deception at the hands of an unscrupulous seller, or, indeed, of an innocent seller who is ignorant of a problem of authenticity, condition or provenance.
Art funds (the most prominent being Philip Hoffman's The Fine Art Fund) focus on the financial returns of art investing. The Art Loss Register describes itself as 'the world's largest private international database of lost and stolen ...
... individual and institutional); and Level 3 is represented by investors and speculators, including the emergence of art funds. In each level of consumption dealers (private and public) and auctioneers are active as intermediaries.
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