May 22, 2019
An art dealer worries that large donations by collectors and gallery owners are influencing what works museums display.
Source : The New York Times
May 13, 2019
For the last decade, the market has been abuzz with the emergence of fine art as an asset class. Now, perhaps more than at any other point in the history of art collecting, purchase decisions are heavily influenced by an artwork’s value as an investment.
Leslie Rankow, an established art consultant, said, “It’s hard work to be a good collector. It requires a lot of time - reading, learning and traveling.” As a consultant, she tries to direct her clients to works not only that they will enjoy for many years, but also that are likely to also appreciate in value while they are being appreciated! She said, “Anyone can choose a work of art. It’s my job to say ...
May 06, 2019
New structures, as well as closed-end funds, offer opportunities as transparency improves
Source : Abby Schultz
May 01, 2019
Anti-money laundering legislation in the U.S. and Europe would increase art market transparency while also burdening dealers with administrative costs.
Source : Artsy-Dean Nicyper