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A longtime New York-based art dealer stumbled upon a painting at a Hamptons barn sale for which he paid just $50 — and now the rare piece is expected to be auctioned off for six figures.
Lawrence Gilbert "Larry" Gagosian (born April 19, 1945) is an Armenian American art dealer who owns the Gagosian Gallery chain of art galleries. Working in concert with collectors including Douglas S. Cramer, Eli Broad, and Keith Barish, he developed a reputation for staging museum-quality exhibitions of contemporary art.
One of many factors in the primary market's price of a living artist's work is a dealer's contract with an artist: many dealers, as stakeholders in their artists' success, agree to buy their own stable of artists' work at auction in order to prevent price drops, to maintain price stability, or to increase perceived value, or all three, thus ...
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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An art auction at Christie's. The art market is the marketplace of buyers and sellers trading commodities, services, and works of art.. The art market follows 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 its past monetary value as well as its predicted future value.
1stDibs was founded in 2000 by Michael Bruno as an online luxury marketplace for antiques after he visited the Marché aux Puces in Paris, France. [9] 1stDibs.com started as a listings site for art dealers to sell offline, but the site was redesigned in 2013 to give buyers the option to purchase items online. [2]
Eventually, Simon sold the painting to Swiss art dealer Yves Bouvier for a sum of $80 million, who then sold the painting to Russian businessman Dmitry Rybolovlev for $127.5 million. [9] [10] Simon co-authored Leonardo’s Salvator Mundi and the Collecting of Leonardo in the Stuart Courts with art historians Martin Kemp and Margaret Dalivalle. [10]
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