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hamptonsfineartfair.com
- Typically, organizers of these events charge galleries between $50,000 and $100,000 for booth space, making it extremely difficult for gallerists to make a profit. But as fairs are becoming the preferred way for wealthy collectors to buy art, galleries have no choice but to participate.
arteref.com/art-market/why-is-art-so-expensive/
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Oct 17, 2024 · While some smaller fairs like NADA, Spring Break, or the Affordable Art Fair can be profitable for galleries, booth fees at larger fairs often start at $50,000 and can easily rise to...
Jan 18, 2024 · The latest Survey of Global Collecting, compiled for Art Basel and UBS by the art economist Clare McAndrew, found that high-net-worth collectors attended one fewer fair on average during the...
- Melanie Gerlis
Oct 5, 2022 · You might have heard of the Frieze Art Fair, where the upper class go to buy big expensive paintings because they’ve just finished renovating their townhouses; or the Affordable Art Fair, which is an international event that allows the sale of works between £50-£7,500 (if you think £7,500 is affordable, please pay for my bills this winter).
Oct 31, 2018 · The global art market — which includes gallery, art fair, and auction sales — saw $67.4 billion in sales in 2018, a 6 percent increase from the previous year, according to Art Basel and...
Jun 13, 2017 · For many small to mid-size galleries, fairs—like Art Basel in Basel, which opens to VIPs today—are an increasingly nail-biting gamble that involves paying hundreds of thousands of dollars up front with no guarantee of a payoff. As the middle market shrinks, many dealers are finding they can’t afford to do fairs—but they can’t afford not to, either.
Oct 16, 2015 · The Art Market: the good, the not so good, and the very, very expensive Fairs and sales during London’s epic art week; Chinese collectors in town; Donald Marron gives advice; an honour for ...
Nov 18, 2022 · Particularly at major art fairs, although there are hundreds (if not thousands) of works on show, nowadays it’s common to find that the most desirable artworks have sold even before the VIP preview begins. The reason for this is “pre-sales.”
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