Art dealer

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Dealer of art in Polish-Lithuanian Commonwealth, (Drawn by Jan Piotr Norblin) Norblin - Marchand d'images.jpg
Dealer of art in Polish–Lithuanian Commonwealth, (Drawn by Jan Piotr Norblin)

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. [1]

Contents

Role

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. [2]

Artist person who creates, practises and/or demonstrates any art

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.

Museum institution that holds artifacts and other objects of scientific, artistic, cultural, historical, or other importance

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.

Art exhibition organized presentation and display of works of art

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".

Job requirements

A Picture Gallery by Gillis van Tilborch, 1660s Gillis van Tilborgh - A Picture Gallery.jpg
A Picture Gallery by Gillis van Tilborch, 1660s

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. [1] 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. [3]

History of art history of human creation of works for aesthetic, communicative, or expressive purposes

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.

Curator content specialist charged with an institutions collections and involved with the interpretation of heritage material

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.

Art auction

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. [4]

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). [1]

Notable art dealers

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.

Contemporary art gallery place where is shown or sold contemporary art

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.

Taos art colony

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, Cornwall seaside town, civil parish and port in Cornwall, England

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.

Vanity galleries

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. [5]

Professional organizations

See also

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Art valuation

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.

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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.

Art market

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.

References

  1. 1 2 3 Collector's Guide to Working with Art Dealers, 45th Anniversary Edition, The Art Dealers Association of America (ADAA), New York Archived October 8, 2013, at the Wayback Machine
  2. Alan D. Bryce, Art Smart: The Intelligent Guide to Investing in the Canadian Art Market, Dundurn, 2007. ISBN   1550026763, 9781550026764
  3. Career: Art Dealer, The Princeton Review
  4. Cowley, Stacy (2008-04-16). "Amid art boom, dealers brace for a bust". Fortune Small Business. Retrieved 2008-06-03.
  5. "Investing in Your Career, A Worthwhile Risk?". New York Foundation for the Arts (NYFA). Archived from the original on 22 July 2012. Retrieved 16 June 2012.