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Art valuation, an art-specific subset of financial valuation, is the process of estimating the market value of works of art. As such, it is more of a financial rather than an aesthetic concern, however, subjective views of cultural value play a part as well.
An art auction at Christie's. The art market is the marketplace of buyers and sellers trading in commodities, services, and works of art.. The art market operates in an economic model that considers more than supply and demand; it is a market where art is bought and sold for values based not only on a work's perceived cultural value, but on both its past monetary value as well as its predicted ...
According to the AP, a painting that "sat unsold for years" in the gallery where Kinkade's "career first took off" -- with a $110,000 price tag -- was bought for $150,000 after the artist died ...
An art auction or fine art auction is the sale of art works, in most cases in an auction house. In England this dates from the latter part of the 17th century, when in most cases the names of the auctioneers were suppressed.
The sale of Vincent van Gogh's Sunflowers was the first time a "modern" (in this case 1888) painting became the record holder. Old master paintings had previously dominated the market. [3] In contrast, there are currently only nine pre-1875 paintings among the listed top 89, and none created between 1635 and 1874. [citation needed]
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An art dealer is a person or company that buys and sells works of art, or acts as the intermediary between the buyers and sellers of art. Portrait of Jacopo Strada by Titian , 1567 An art dealer in contemporary art typically seeks out various artists to represent, and builds relationships with collectors and museums whose interests are likely ...
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