An art dealer is a person or company that buys and sells works of art. Art dealers' professional associations serve to set high standards for accreditation or membership and to support art exhibitions and shows.
An art dealer typically seeks out various artists to represent, and builds relationships with collectors and museums whose interests are likely to match the work of the represented artists. Some dealers are able to anticipate market trends, while some prominent dealers may be able to influence the taste of the market. Many dealers specialize in a particular style, period, or region. They often travel internationally, frequenting exhibitions, auctions, and artists' studios looking for good buys, little-known treasures, and exciting new works. When dealers buy works of art, they resell them either in their galleries or directly to collectors. Those who deal in contemporary art usually exhibit artists' works in their galleries, and take a percentage of the price the works sell for.
An artist is a person engaged in an activity related to creating art, practicing the arts, or demonstrating an art. The common usage in both everyday speech and academic discourse is a practitioner in the visual arts only. The term is often used in the entertainment business, especially in a business context, for musicians and other performers. "Artiste" is a variant used in English only in this context. Use of the term to describe writers, for example, is valid, but less common, and mostly restricted to contexts like criticism.
A museum is an institution that cares for (conserves) a collection of artifacts and other objects of artistic, cultural, historical, or scientific importance. Many public museums make these items available for public viewing through exhibits that may be permanent or temporary. The largest museums are located in major cities throughout the world, while thousands of local museums exist in smaller cities, towns and rural areas. Museums have varying aims, ranging from serving researchers and specialists to serving the general public. The goal of serving researchers is increasingly shifting to serving the general public.
An art exhibition is traditionally the space in which art objects meet an audience. The exhibit is universally understood to be for some temporary period unless, as is rarely true, it is stated to be a "permanent exhibition". In American English, they may be called "exhibit", "exposition" or "show". In UK English, they are always called "exhibitions" or "shows", and an individual item in the show is an "exhibit".
Art dealers often study the history of art before entering on their careers. Related careers that often cross-over include curators of museums and art auction firms are industry-related careers.Gallery owners who do not succeed may seek to work for more successful galleries. Others pursue careers as art critics, academics, curators of museums or auction houses, or practicing artists.
The history of art focuses on objects made by humans in visual form for aesthetic purposes. Visual art can be classified in diverse ways, such as separating fine arts from applied arts; inclusively focusing on human creativity; or focusing on different media such as architecture, sculpture, painting, film, photography, and graphic arts. In recent years, technological advances have led to video art, computer art, Performance art, animation, television, and videogames.
A curator is a manager or overseer. Traditionally, a curator or keeper of a cultural heritage institution is a content specialist charged with an institution's collections and involved with the interpretation of heritage material.
An art auction or fine art auction is the sale of art works, in most cases in an auction house.
Dealers have to understand the business side of the art world. They keep up with trends in the market and are knowledgeable about the style of art people want to buy. They figure out how much they should pay for a piece and then estimate the resale price. They are also often passionate and knowledgeable about art. Those who deal with contemporary art promote new artists, creating a market for the artists' works and securing financial success for themselves. The art world is subject to economic booms and bust just like any other market. Art dealers must be economically conscious in order to maintain their livelihoods. The mark ups of art work must be carefully monitored. If prices and profits are too large, then investments may be devalued should an overstock or economic downturn occur.
To determine an artwork's value, dealers inspect the objects or paintings closely, and compare the fine details with similar pieces. Some dealers with many years of experience learn to identify unsigned works by examining stylistic features such as brush strokes, color, form. They recognize the styles of different periods and individual artists. Often art dealers are able to distinguish authentic works from forgeries (although even dealers are sometimes fooled).
The term contemporary art gallery refers to a private for-profit commercial gallery. These galleries are found clustered together in large urban centers. Smaller cities are home to at least one gallery, but they may also be found in towns or villages, and remote areas where artists congregate, e.g. the Taos art colony and St Ives, Cornwall.
A contemporary art gallery is a place where contemporary art is shown for exhibition and/or for sale. The term "art gallery" is commonly used to mean art museum, the rooms displaying art in any museum, or in the original sense, of any large or long room.
The Taos art colony is an art colony founded in Taos, New Mexico, by artists attracted by the rich culture of the Taos Pueblo and beautiful landscape. Hispanic craftsmanship of furniture, tin work and more played a role in creating a multicultural tradition of art work in the area.
St Ives is a seaside town, civil parish and port in Cornwall. The town lies north of Penzance and west of Camborne on the coast of the Celtic Sea. In former times it was commercially dependent on fishing. The decline in fishing, however, caused a shift in commercial emphasis, and the town is now primarily a popular seaside resort, notably achieving the title of Best UK Seaside Town from the British Travel Awards in both 2010 and 2011. St Ives was incorporated by Royal Charter in 1639. St Ives has become renowned for its number of artists. It was named best seaside town of 2007 by The Guardian newspaper. It should not be confused with St Ive, a village and civil parish in south-east Cornwall.
Contemporary art galleries are often open to the general public without charge; however, some are semi-private. They profit by taking a portion of art sales; twenty-five to fifty per cent is typical. There are also many non-profit or collective galleries. Some galleries in cities like Tokyo charge the artists a flat rate per day, though this is considered distasteful in some international art markets. Galleries often hang solo shows. Curators often create group shows with a message about a certain theme, trend in art, or group of associated artists. Galleries sometimes choose to represent exclusive artists, giving them opportunities for regular shows.
A gallery's definition can also include the artist cooperative or artist-run space, which often (in North America and Western Europe) operates as a space with a more democratic mission and selection process. Such galleries have a board of directors and a volunteer or paid support staff who select and curate shows by committee, or some kind of similar process to choose art often lacking commercial ends.
A vanity gallery is an art gallery charging fees from artists to show their work, much like a vanity press does for authors. The shows lack legitimate curation and often include as many artists as possible. Most art professionals are able to identify them on an artist's resume.
Jasper Johns is an American painter, sculptor and printmaker whose work is associated with abstract expressionism, Neo-Dada, and pop art. He is well known for his depictions of the American flag and other US-related topics. Johns' works regularly sell for millions of dollars at sale and auction, including a reported $110 million sale in 2010. At multiple times works by Johns have held the title of most paid for a work by a living artist.
An art museum or art gallery is a building or space for the display of art, usually from the museum's own collection. It might be in public or private ownership and may be accessible to all or have restrictions in place. Although primarily concerned with visual art, art galleries are often used as a venue for other cultural exchanges and artistic activities, such as performance arts, music concerts, or poetry readings. Art museums also frequently host themed temporary exhibitions which often include items on loan from other collections.
Philatelic investment is investment in collectible postage stamps for the purpose of realizing a profit. Philatelic investment was popular during the 1970s but then fell out of favour following a speculative bubble and prices of rare stamps took many years to recover.
A true antique is an item perceived as having value because of its aesthetic or historical significance, and often defined as at least 100 years old, although the term is often used loosely to describe any object that is old. An antique is usually an item that is collected or desirable because of its age, beauty, rarity, condition, utility, personal emotional connection, and/or other unique features. It is an object that represents a previous era or time period in human history. Vintage and collectible are used to describe items that are old, but do not meet the 100-year criteria.
Art world economics is a relatively unexplored area of financial exchange that exists at the edges of the regular financial industry. Investment in art has been an accepted form of deposit investment for several decades such as the purchase of works by Matisse, Van Gogh and Picasso. However these works only have an assured value as long as there is a restricted supply of works on the open market - i.e. the artist is dead or producing small numbers of works and that the authenticity of works can be verified by a small number of sources. In the case of contemporary artists it is the interest of collectors and therefore dealers to ensure a tightly controlled line of supply.
The Luhring Augustine Gallery is an art gallery in Chelsea in New York City.
Thomas E. Ammann was a leading Swiss art dealer in Impressionist and twentieth century art, and a collector of post-war and contemporary art.
Georges Petit was a French art dealer, a key figure in the Paris art world and an important promoter and cultivator of Impressionist artists.
Artnet.com is an art market website. It is operated by Artnet Worldwide Corporation, which has headquarters in New York City, in the United States, and is owned by Artnet AG, a German publicly traded company based in Berlin that is listed on the Frankfurt Stock Exchange. The company increased revenues by 24.3% to 17.3 million EUR in 2015 compared with a year before.
Pékin Fine Arts, is a contemporary art gallery in Beijing established in 2005, with a Hong Kong branch gallery opened in 2012. It was listed by The New York Times as one of the "top museums and galleries" in Beijing, and listed by Forbes as one of the ten galleries in Beijing from which to buy Chinese art.
Art valuation, an art-specific subset of financial valuation, is the process of estimating either the market value of works of art. As such, it is more of a financial rather than an aesthetic concern, however, subjective views of cultural value play a part as well. Art valuation involves comparing data from multiple sources such as art auction houses, private and corporate collectors, curators, art dealer activities, gallerists, experienced consultants, and specialized market analysts to arrive at a value. Art valuation is accomplished not only for collection, investment, divestment, and financing purposes, but as part of estate valuations, for charitable contributions, for tax planning, insurance, and loan collateral purposes. This article deals with the valuation of works of fine art, especially contemporary art, at the top end of the international market, but similar principles apply to the valuation of less expensive art and antiques.
One Art World is an online service provider for the international art market with headquarters in New York City. Prior to July 2009, One Art World was known as chelseaartgalleries.com.
The European Fine Art Fair is an annual art, antiques and design fair, organized by The European Fine Art Foundation in the MECC in Maastricht, Netherlands. It was first held in 1988. The 10-day fair attracts about 75,000 visitors and is considered one of the world's leading art fairs.
The Jane Kahan Gallery is an art gallery located in New York City that deals almost exclusively with modern art in a variety of media including: works on paper, sculpture, and paintings. The gallery is best known for its extensive collection of tapestries by artists such as Romare Bearden, Alexander Calder, Marc Chagall, Sonia Delaunay, Max Ernst, Le Corbusier, and René Magritte, along with ceramics by Pablo Picasso. Established by art dealer Jane Kahan in 1973, the gallery was one of the first distributers of "Modern Master" works within the United States. The gallery maintains its original space on the Upper East Side and an exhibition space in Lower Manhattan.
Edith Halpert or Edith Gregor Halpert (1900–1970) was a pioneering New York City dealer of American modern art and American folk art. She brought recognition and market success to many avant-garde American artists. Her establishment, the Downtown Gallery, was the first commercial art space in Greenwich Village. When it was founded in 1926, it was the only New York gallery dedicated exclusively to contemporary American art by living artists. Over her forty-year career, Halpert showcased such modern art luminaries as Elie Nadelman, Max Weber, Marguerite and William Zorach, Stuart Davis, Peggy Bacon, Charles Sheeler, Marsden Hartley, Yasuo Kuniyoshi, Ben Shahn, Jack Levine, William Steig, Jacob Lawrence, Walter Meigs, Arthur Dove, John Marin, Georgia O'Keeffe, and many others. Halpert later expanded her business to include American folk art, and certain nineteenth-century American painters, including Raphaelle Peale, William Michael Harnett, and John Frederick Peto, whom she considered to be precursors to American modernism.
Fabien Fryns is a Belgian art dealer and collector, residing in Beijing since 2004. He has worked in the art world since 1986, specializing in contemporary Chinese art since 2000.
Deborah Fritz is an American curator, gallerist, and art dealer. Fritz is the owner of Giacobbe-Fritz Fine Art and GF Contemporary, both located on Canyon Road, Santa Fe, New Mexico.
The art market is represented by a marketplace of buyers and sellers trading in the commodities, services, and works-of-art commonly associated with the various arts. The art market is also concerned with the production of new art which enters the art market. The art market is an example of one type of marketplace, among many different types of markets which occur in economics. In particular, the art market has many similarities with other marketplaces where buyers and sellers meet, as well as significant distinguishing factors indicative of its differences from other types of markets in economics.