Questioning the Art Market – artmarketblog.com Questioning the Art Market – artmarketblog.com
I was recently asked some questions about the art market for a magazine article and thought I would share my answers. Hope you enjoy !!!
a situation where artists need to be marketed correctly in order for their work to be properly appreciated and stand out from the rest of the crowd. Without correct branding and marketing, an artist is likely to find it difficult to sell their work and differentiate themselves from the already saturated contemporary art market.
8. The Mugrabi family are said to own a monopoly on the Warhol catalogue. Do you feel that a collector can be excessive? Can a person own too much art?
The problem with collectors who monopolise the market for a particular artist is that those collectors can then manipulate the rate of supply and demand and consequently manipulate the price of that artist’s work. This sort of situation can have a seriously negative impact on people’s perception of an artist’s work and, as such, I would never such behaviour by collectors.
**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
