Christie's

A 4 Second Explanation on How the Art Market Works

A 4 Second Explanation on How the Art Market Works

Buying art it tough. DUH that’s why we have a business. And the main reason WHY it’s tough? THERE ARE TOO MANY OPTIONS. It’s like trying to order on Seamless Web — option overload. One simple way to break it down, and focus on art that’s best suited to your interests (whether you’re buying, looking, sourcing for someone else) is to break it down by market: PRIMARY MARKET and SECONDARY MARKET. Here’s a tutorial:

The Deal With Auctions

The Deal With Auctions

The big Spring Auctions are coming up in NY and at our recent team meeting, said team had some questions.  And I had answers that we were all surprised to learn, and I hadn’t previously shared. I spent a few years at Christie’s, went to Sotheby’s institute (which provides a useful window into auction house life) and dealt with the major houses through other jobs, so the way these auctions work is ingrained in me. Here’s how they relate to you, budding and curious art fan: