I read an amazing article by Grayson Perry entitled “How art appreciates – it’s a class act”.In a nutshell he reckoned that art finds its true monetary value from what the experts say. But I can see something more from what he says.If a piece of art is to be labeled as having any “value” [...]
Posts Tagged ‘Monetary Value’
What Makes Art Valuable?
March 17th, 2010 
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Posted in Articles 
Tags: artwork, Butterfly Wing, Class Act, Critique, Grayson Perry, Locality, Monetary Value, Nutshell, Observers, People, Point Of View, Visitors Book, World Context, Worthiness 
No Comments »The Secondary Art Market – A Useful Notion For the Art Investor
November 12th, 2009 admin As there are secondary markets in the trade of goods or wares, there is a secondary market in the trade of art. The great difference is that art doesn’t depreciate with age, even if subject to wear, and that prices on the secondary art market aren’t determined by singular usability but by their universal desirability. [...]
Posted in Articles Tags: Art Exhibition, Art Trade, Artifact, artwork, Auction Houses, Commodity Market, Dynamism, Fashionable Trends, Longevity, Market Indicators, Monetary Value, Private Collector, Secondary Art Market, Secondary Markets, Speculation, Supply And Demand, Usability, Vanity Fair, Wares, Work Of Art No Comments »