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I guess the main difference between the two markets is that with fine art the object is genuinely rare/unique.
by iechoz6H 5y ago
I guess the main difference between the two markets is that with fine art the object is genuinely rare/unique.
- noneeeed 5y agoWhile that's true, in many ways huge chunks of the fine art market exist purely as objects in warehouses, normally in freeports such as those in Switzerland, that are simply traded back and forth, often never seeing the light of day. The art market is really weird in many ways. Both the Freakonomics podcast and Malcome Gladwell's Revisionist Histories have done episodes in the last year or so on the market.
- ASalazarMX 5y agoBanksy agrees and winks.