{"id":26548,"date":"2017-05-15T08:05:11","date_gmt":"2017-05-15T12:05:11","guid":{"rendered":"https:\/\/rehs.com\/blog\/?p=26548"},"modified":"2024-02-26T04:50:34","modified_gmt":"2024-02-26T09:50:34","slug":"recovering-art-market-attracts-trophy-works-really-does-not-sound-like-it","status":"publish","type":"post","link":"https:\/\/rehs.com\/eng\/2017\/05\/recovering-art-market-attracts-trophy-works-really-does-not-sound-like-it\/","title":{"rendered":"Recovering Art Market Attracts Trophy Works — Really? Does Not Sound Like It!"},"content":{"rendered":"

Can you really determine the health of the\u00a0art market when the main salerooms have pre-sold over $500M worth of art already? \u00a0Why are\u00a0those trophy works on the market? Might it be that the auction rooms have guaranteed they will sell so there was no downside risk for the sellers? On top of that, the 3rd party guarantors are allowed to bid on works they have a financial interest in? What happened to art market transparency? These major auctions are no longer real auctions, they are playgrounds for art market manipulation. Some of us long for the good old days when a work came up for sale and, other than a reserve, real buyers determined the health of the market.<\/p>\n

Source: Recovering Art Market Attracts Trophy Works – WSJ<\/a><\/em><\/p>\n

\"Egon<\/a>

Egon Schiele
“Dana\u00eb”<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Can you really determine the health of the\u00a0art market when the main salerooms have pre-sold over $500M worth of art already? \u00a0Why are\u00a0those trophy works on the market? Might it be that the auction rooms have guaranteed they will sell … More…<\/a><\/p>\n","protected":false},"author":5,"featured_media":26550,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,1],"tags":[207,11,9],"class_list":["post-26548","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rehs-galleries","category-rehs-contemporary","tag-auction-news","tag-rehs-contemporary-news","tag-rehs-galleries-news"],"yoast_head":"\nRecovering Art Market Attracts Trophy Works - Really? Does Not Sound Like It!<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/rehs.com\/eng\/2017\/05\/recovering-art-market-attracts-trophy-works-really-does-not-sound-like-it\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Recovering Art Market Attracts Trophy Works -- Really? Does Not Sound Like It!\" \/>\n<meta property=\"og:description\" content=\"Can you really determine the health of the\u00a0art market when the main salerooms have pre-sold over $500M worth of art already? \u00a0Why are\u00a0those trophy works on the market? 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