How to Buy in 2009
http://www.artnewsonline.com/issues/article.asp?art_id=2642
I’ve always felt that the art market marches to a different drummer than financial markets. People who are really interested in art are a little bit like smokers. You just can’t give it up. It becomes intrinsic to your life and you go and delve into resources that you might not have thought you had to continue collecting.
- Raymond J. Learsy
As painful as this contraction is, it’s a welcome time for the art market because the inflationary conditions in the market in the last few years have seen their final days. I welcome that. Collectors welcome it. The speculation, at least for the moment, has seen its demise. We have moved away from appreciating the language of art toward treating art as a commodity, and as long as you treat it that way you lose the value of the language. I think we will also see better art produced. I think in times like these artists will spend more time considering the art they are creating, instead of being driven to produce art for the marketplace. Artists in many cases have spread themselves very thinly over the last decade.
- Roland Augustine
Useful links:
www.mfa.org
www.acquavellagalleries.com
www.sothebys.com
www.christies.com
www.phillipsdepury.com
www.waddington-galleries.com
www.luhringaugustine.com
www.artdealers.org
www.rubellfamilycollection.com
www.artbaselmiamibeach.com
www.marlboroughgallery.com
www.miandn.com
www.winkleman.com
www.metmuseum.org
Spot on. It's correction in full swing. Prices have to adjust to invite people back in. Thanks Milton for the insightful article.
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