Blake Gopnik, in today’s Washington Post, has an interesting perspective on the record Picasso sale at Christie’s in NY a couple of nights ago. I suspect his point is true that it wasn’t really about the painting, as it isn’t one of Picasso’s best works but it was about setting the record. We especially like [...]
A few days ago we posted information about the NY lawsuit involving gallery blacklists and the artist, Marlene Dumas. Today the LA Times has further information. The latest news involves a second NY art dealer: Among the revelations: former Dumas dealer Jack Tilton, subpoenaed by Robins’ team, spoke of the existence of not just one [...]
Imagine a market for highly sought-after items in which the makers and sellers work hard to ensure that the items go only to certain buyers, even if other buyers might be willing to pay more. The favored buyers are then expected not to resell the items for many years, even if the values skyrocket. Ideally, [...]