Single Owner Art Auctions Defy Downturn - artmarketblog.com Over the last few months I have noticed a particularly interesting trend emerge that says a lot about the way people perceive, and are approaching, the art market
to obtain the best examples from the area and to build as complete a story as possible
-Works in a collection represent an approach to art that is fueled by passion and devotion that suggests that the person who put the collection together focused on the art instead of the money and would not compromise their collection with inferior or dubious works.
-The purchase of the work has already been justified by someone else who has included that work in their collection
I’ll leave you with a quote that I particularly like from the Christie’s Private Collection and County House Sales Department which reads:
“The magic of the objects, the styles of their owners and the romance of times past are
intertwined in the sale of a single-owner collection. Sometimes conducted at the collection’s location, such auctions evoke the ambiance of the property’s original setting and suggest to buyers how pieces can be displayed in their own homes.”
To be continued….
**Nicholas Forrest is an art market analyst, art critic and journalist based in Sydney, Australia. He is the founder of http://www.artmarketblog.com, writes the art column for the magazine Antiques and Collectibles for Pleasure and Profit and contributes to many other publications.