People love to talk about art auctions as if they are these grand, high-stakes dramas where the elite gather to battle for cultural supremacy. They’ll hand you a glossy brochure and call it a “complete guide to art auctions,” but they rarely mention the mathematical carnage happening behind the scenes. I remember sitting in a […]
Most people think a “complete guide to starting a collection” involves attending black-tie openings, sipping lukewarm champagne, and developing a sudden, inexplicable interest in the provenance of a post-war minimalist sculpture. They think it’s about status. It isn’t. In my twenty-six years of running a gallery, I’ve seen more collectors go broke chasing “investment grade” […]
Most people think a “complete guide to buying art” involves studying provenance, learning the nuances of Post-Impressionism, or having a certain level of social grace to navigate a vernissage. They think it’s about prestige. It isn’t. After twenty-six years behind a gallery desk, I can tell you that most collectors are walking into a minefield […]