Get lost in the Submerge exhibit at the Indigo Slate art gallery, through 6/30. 🖼️ This thought (and feeling)-provoking group show features a range of mixed media pieces from local artists Taylor Palella, Shannon Bodrogi, and Jarita Hui. Here’s a glimpse at what’s on display! To see the rest, you’ll have to stop by 👀 #SeattleArt #ArtShow
Indigo Slate’s Post
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The Art Basel and UBS Art Market Report Art Basel and UBS present The Art Market Report 2023, an annual global art market analysis. The Art Market Report provides a review of the international art market, highlighting some of the most important trends and developments taking place each year. Authored by Dr. Clare McAndrew, founder of Arts Economics, it is an independent and objective study, analyzing sales and other activities of different segments of the market including galleries, auction houses, art fairs, and collectors. Courtesy Art Basel and UBS.
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In my article from earlier this month, Mega Galleries: Cultural Production Beyond the Bottom Line, I showed how the four leading commercial galleries are making a cultural impact which rivals the top museums. In my latest piece for MutualArt, I look at the roster expansion of the mega galleries and analyze the market impact on emerging artists. For art investors, there is perhaps no better scenario than to spot and acquire the works of talented artists prior to achieving mega gallery representation. Read the full article here, and you will see why: https://lnkd.in/gY_8SiDR #artmarket Image: Stanley Whitney, Forward to Black, 1996, oil on canvas
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The art market’s generational, cultural, and technological shifts have inspired artists to reconsider the gallery model in its traditional form. However, this trend is not solely a result of recent market shifts. Recent cases show that artists continue to suffer significant yet avoidable financial loss when their gallery goes out of business. Pierre Valentin and Mona Yapova consider whether the standards to which galleries are kept when managing artists’ funds deserve re-evaluation. Read here 👉🏽 https://lnkd.in/d8wyGnaX #artists #galleries #BSFItaly #artlaw
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As art does not generate any cash flow, its value is solely determined by demand and supply. One important aspect affecting demand is an artwork’s provenance. Having been part of a high-profile collection oftentimes has a positive impact on an artwork’s demand and therefore price. The De La Cruz collection that is going to auction now is a good example. Will these paintings trade at a premium due to their strong provenance? We will know soon… #diversification #alternativeassets #artinvestment #artinvesting
Miami's vibrant art scene mourns the loss of the esteemed Cuban-born philanthropist and contemporary art collector, Rosa de la Cruz. Several works from her extensive collection are set to be sold at Christie’s in a series of auctions starting with the illustrious New York evening sales this week. Read our short report on the De La Cruz Collection and several of the highlights headed for the auction block. #arteducation #artinvestment #bluechipart #artauctions
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Since Brexit, Paris has been working hard on taking away market share from Europe’s dominant art market location, London. One of the highlights of this year’s Paris Art Week in mid-October was certainly the second edition of Paris+ by Art Basel. Read our short report to learn about the art fair and the strong Paris auction results that accompanied this year’s Paris Art Week. #artinvestment #diversification #alternativeinvestments
Read this week’s report in which we focus on Paris Art Week, where the second edition of Paris+ by Art Basel, various satellite art fairs, gallery openings and an exceptional private auction helped to assert Paris’ position as a reawakening giant in the contemporary art scene. #arteducation #artfairs #artinvestment #diversification
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“Factors such as higher interest rates affect the demand for art, however, there has been little research on how these economic and social trends impact the decisions and spending plans of collectors. To address this, the report presents a global survey of collectors, examining their attitudes, behaviors, and outlook for the art market in 2023, as well as trends in spending, and how they interact with artists, galleries, institutions, and their environment.”-Art Basel #artmeccainsights https://lnkd.in/eqbaCWfu
The Art Basel & UBS Art Market Report 2024 By Arts Economics
theartmarket.artbasel.com
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🔍 Insight into New York's Art Scene 🎨 In a surprising turn of events, New York's vibrant art scene is experiencing unprecedented gallery closures. This article dives deep into the factors contributing to this shift and what it means for artists, gallery owners, and art enthusiasts alike. Check out the full article to understand the challenges and opportunities facing the art community today. #ArtScene #GalleryClosures #NewYorkArt #ArtCommunity #ArtMarket
New York's Art Scene Faces Unprecedented Gallery Closures
artpreciate.com
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The most bankable artists of the year, so far. artnet's mid-year review 2023, "The Intelligence Report," can be read and downloaded here: https://lnkd.in/eV9w5B3D #artmarket #artcollectors #artcollections #museums #stewardship #investments #assetmanagement
Here Are the Most Bankable Artists of the Year, So Far | Artnet News
https://news.artnet.com
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The opacity of the art market benefits a tiny elite of collectors, gallerists, and artists, but makes it harder for most artists and art lovers to connect. Art market expert Magnus Resch says that greater transparency and new technology could transform the economics of art. "Purchasing art solely as an investment is not advisable. Buy art because you love it, because you want to support an artist, because you want to support a community, because you want to support a gallery." Read more on #YaleInsights: https://yalesom.io/47BcLaJ
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Exhibitions might be a significant part of what your gallery offers clients and artists. When developing our gallery's exhibition goals, ask yourself these questions. Would reducing the exhibition schedule by a few shows help save on operating costs and enable you to expand your narrative around each show? If shows ran longer, could you create new programs and experiences for your audience to engage with the art and artist? Should you show art in new locations, either locally or regionally, via pop-ups and partnerships? Your answers may guide you to create a fresh perspective on your exhibition goals next year. Need help designing your gallery's plan for the new year? Let's schedule a call to see if I might be able to help you. See the link in the bio to learn more. #galleryfuel #gallerymanagement #sellingart #gallerymarketing
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