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I have a large art collection and have actually commissioned work. I've worked in art galleries and have a good understanding of the culture. The reason for '
by r0s 14y ago
I have a large art collection and have actually commissioned work. I've worked in art galleries and have a good understanding of the culture.
The reason for 'friction' in the art business, from my view is because it's not a traditional business. Very few galleries can actually turn a profit from sales. The few that do are in the largest cities, at the top of a mountain of unprofitable, privately funded lifestyle businesses or non-profits.
The value of art is also quite hard to quantify, especially for the outsider as the article says. The art world is confusing and insular compared to other businesses, both for new artists and collectors. The upshot is it's largely accessible from the ground up! Small venues are everywhere and desperate for eyes and dollars, everyone is invited.