“Ideally any tightening of the rules would be self-imposed,” said Michael Plummer, a former Christie’s executive who is now a principal in Artvest Partners, an art advisory company. “Unfortunately I don’t think the markets are going to have the discipline to do that.”
Erica Waldbaum and Jeremy Rhodes of Artvest present a step-by-step list of how to buy art.
“This scene has grown in terms of glamour, prestige and notoriety,” says Michael Plummer, the co-founder of Artvest Partners, who says that the fair and the surrounding events are a major weapon in the dealers’ arsenal. The US art calendar was previously dominated by the New York auction scene, and Miami has helped to correct the balance.
This year’s 4th edition of the Hong Kong International Art Fair (ART HK) has solidified its position as the most important annual Asian art fair. Leading galleries from all over the world exhibited, primarily those specializing in Contemporary Art (Gagosian, White Cube, James Cohan, Pearl Lam Galleries) but also some known for Modern Art (Acquavella), [...]
Going into the fair, which preceded the London auctions, there was a large degree of optimism. The headline results at the Impressionist & Modern and Post-War & Contemporary auctions in New York played a large part in this positive outlook. Having set a new world record at Christie’s on May 4th for Picasso’s 1932 Nude, [...]