Here’s a great story from Canada about a seriously novice collector (he bought his first art book less than a month ago!) who picked up an oil painting by Tom Thomson at auction for under the original reserve price: click here. For those who aren’t familiar with auction jargon, a reserve price is the agreed [...]
Archive for April 21st, 2009
Novice art collector snags Tom Thomson painting
Posted in Artists, Auctions, tagged art, auction results, Canadian art, Group of Seven, Tom Thomson on April 21, 2009 | Leave a Comment »
Art market panel discussion in NYC tomorrow
Posted in Events, tagged art market, free, panel discussion on April 21, 2009 | Leave a Comment »
The art market, like the economy as a whole, is in a turbulent state. With investments dwindling and unemployment rising, a certain segment of art collectors is finding it difficult to justify spending on this “luxury” good. It’s intriguing to consider how this economic uncertainty will affect supply and demand in the art market in [...]
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