Comments on: Art Market Blog – Don't Panic, The Art Market is OK !!! http://www.artmarketblog.com/2008/01/27/art-market-blog-dont-panic-the-art-market-is-ok/ Art Market Analysis by Nic Forrest Tue, 07 Feb 2012 17:54:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: artforprofits http://www.artmarketblog.com/2008/01/27/art-market-blog-dont-panic-the-art-market-is-ok/#comment-965 artforprofits Fri, 15 Feb 2008 03:43:04 +0000 http://artforprofits.wordpress.com/?p=365#comment-965 The internet has definitely changed the landscape of the art market forever and has given many young artists a chance to shine that they otherwise would not have had. Nicholas Forrest http://www.artmarketblog.com The internet has definitely changed the landscape of the art market forever and has given many young artists a chance to shine that they otherwise would not have had.

Nicholas Forrest
http://www.artmarketblog.com

]]> By: M. O. Weddell http://www.artmarketblog.com/2008/01/27/art-market-blog-dont-panic-the-art-market-is-ok/#comment-964 M. O. Weddell Thu, 14 Feb 2008 18:30:49 +0000 http://artforprofits.wordpress.com/?p=365#comment-964 Auctions show high prices on fine art! The "masters" category of art works have skyrocketed in values and auction prices. This trend will effect lesser known artists producing same/similar work, thus increasing the market overall in fine art. There is a renewed interest in art due to internet. Now my gallery of 35+ years, "Thee Art Gallery", has gone online at weddellart.com to decrease expenses while increasing client and patron basees, thus "advantaging" the trend toward increased sales. The internet is now the best marketing tool available to artists! Thee Art Gallery at weddellart.com by Monty Ousley Weddell Dallas, TX Auctions show high prices on fine art! The “masters” category of art works have skyrocketed in values and auction prices. This trend will effect lesser known artists producing same/similar work, thus increasing the market overall in fine art. There is a renewed interest in art due to internet. Now my gallery of 35+ years, “Thee Art Gallery”, has gone online at weddellart.com to decrease expenses while increasing client and patron basees, thus “advantaging” the trend toward increased sales. The internet is now the best marketing tool available to artists! Thee Art Gallery at weddellart.com by Monty Ousley Weddell Dallas, TX

]]> By: irmgardartig http://www.artmarketblog.com/2008/01/27/art-market-blog-dont-panic-the-art-market-is-ok/#comment-963 irmgardartig Fri, 01 Feb 2008 15:54:38 +0000 http://artforprofits.wordpress.com/?p=365#comment-963 Thanks for your clear analysis, Nicholas Thanks for your clear analysis, Nicholas

]]> By: Adam http://www.artmarketblog.com/2008/01/27/art-market-blog-dont-panic-the-art-market-is-ok/#comment-962 Adam Wed, 30 Jan 2008 20:22:09 +0000 http://artforprofits.wordpress.com/?p=365#comment-962 I do think it is possible that some trendy (and consequently overvalued) yet not fully established artists may lose their flavor if the US does indeed enter into a recession...examples that come to mind are Peter Doig, Frank Auerbach, Glenn Brown, possibly even Cecily Brown? (although I do love her work). Also you have to wonder if artists like Jeff Koons will retain their value in the open market. Sure he is featured in a lot of prominent collections but watching Gagosian reportedly heavily bid on his own artist a few months ago is something to keep an eye on. I do think it is possible that some trendy (and consequently overvalued) yet not fully established artists may lose their flavor if the US does indeed enter into a recession…examples that come to mind are Peter Doig, Frank Auerbach, Glenn Brown, possibly even Cecily Brown? (although I do love her work). Also you have to wonder if artists like Jeff Koons will retain their value in the open market. Sure he is featured in a lot of prominent collections but watching Gagosian reportedly heavily bid on his own artist a few months ago is something to keep an eye on.

]]> By: Adam http://www.artmarketblog.com/2008/01/27/art-market-blog-dont-panic-the-art-market-is-ok/#comment-961 Adam Wed, 30 Jan 2008 20:18:18 +0000 http://artforprofits.wordpress.com/?p=365#comment-961 I haven't commented in a while so I thought I would jump back in! I am almost in complete agreement with you Nick. I think it should be emphasized that it is not only the stock market but the general economy as well that is important to watch. I imagine any ordinary potential art buyer who is employed by a financial institution is thinking twice about making another high-end purchase of art. This loss of buyers could hurt somewhat, however I do think that international buyers are there to somewhat replace these lost consumers. Also, some people have so much money that if prices do fall, as you said they will be like a vulture to swoop in and acquire works. I haven’t commented in a while so I thought I would jump back in! I am almost in complete agreement with you Nick. I think it should be emphasized that it is not only the stock market but the general economy as well that is important to watch. I imagine any ordinary potential art buyer who is employed by a financial institution is thinking twice about making another high-end purchase of art. This loss of buyers could hurt somewhat, however I do think that international buyers are there to somewhat replace these lost consumers. Also, some people have so much money that if prices do fall, as you said they will be like a vulture to swoop in and acquire works.

]]> By: Stock Market » Art Market Blog - Don’t Panic, The Art Market is OK !!! http://www.artmarketblog.com/2008/01/27/art-market-blog-dont-panic-the-art-market-is-ok/#comment-960 Stock Market » Art Market Blog - Don’t Panic, The Art Market is OK !!! Sun, 27 Jan 2008 01:48:59 +0000 http://artforprofits.wordpress.com/?p=365#comment-960 [...] Here’s another interesting post I read today by shevau [...] [...] Here’s another interesting post I read today by shevau [...]

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