Shane Ferro
Art market news and commentary by the staff of Art+Auction

MARKET WATCH: Art market news and commentary by the staff of Art+Auction

Posts Tagged ‘Capitalism’

Christie’s Shows Its Hand for May Imp/Mod Auction

Though competitor Sotheby’s has been rolling out a steady stream of high-profile works to go under the hammer this May, topped by Edvard Munch’s “The Scream,” Christie’s has made fewer announcements about the top-end of its spring lineup  (disregarding its important golf auction, of course). However, Tuesday the auction house announced that it will be offering a watercolor study of Paul Cezanne’s “Card Players” (1892-96) at the Impressionist and modern auction on May 1 in New York (est. $15-20 million).

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Columbia Professor Warns There Is No Stopping Fine Art’s Collision With High Finance

Are we on a doomed path toward the total securitization of the art market? Columbia University religion professor Mark Taylor suggests that might be the case. He has been slowly unfolding his treatise on art and finance in Bloomberg’s opinion section. So far only two of five are available (one and two) but the super short gist so far is this: (more…)