Selling art

J.J. Charlesworth examines a recent report on the uncertain prospects of the art market

By J.J. Charlesworth

“Compared with other industries, the art market is famously difficult to quantify… But as the industry grows larger and more globalized, it becomes ever-more important for everyone involved to add solid data into our thinking, combining it with instinct and anecdotes in forming our views on the artworld and its potential futures.” So writes Art Basel’s director Marc Spiegler in his introduction to The Art Market 2017 (free to download here), an exhaustive 148-page report commissioned by UBS and Art Basel…

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