Art Market Trends Quotes

Fortunately I had a great intern who did a lot of the research on Andy's prices, which of course are phenomenal, but getting them straight - you know, he's reached this $100million plateau that only a handful of other artists have reached, which puts him in the company of Cezanne, Klimt, Picasso, and such.

I don't think the art market is for everybody. Yeah, of course we have a global gallery. But we're like the one-tenth of the one-tenth of the one-tenth. OK? Not just who's buying but who's really seriously engaged with art.

I am astonished at the high prices paid for works by painters who are dead, prices none of them could expect when they were alive. It is a kind of tulip trade, in which living painters suffer but do not profit.

The lure in art collecting and its financial rewards, not counting for a moment its aesthetic, cultural and intellectual rewards, is like the trust in paper money: it makes no sense when you really think about it. New artistic images are so vulnerable to opinion that it wouldn't take much more than a whim for a small group of collectors to decide that a contemporary artist was not so wonderful anymore, was so last year.

I view the art scene as an industry which is slowly developing. These days, technology has mad the world smaller. Meaning that information is a website away.

I started out making $4 for my first fight, but imagine paying $25,000 for a painting...look at me!

If you look at the size of the art world in terms of the money that is being transacted compared to other parts of the 'consciousness industry,' it is minuscule. But if you look at what happens in this small sector, how it rubs off on the rest of it, it is astonishing.

My work rarely comes up in secondary market, so it means that my prices stay low.

The art world is a bit smaller than the music world, and the music world is a bit smaller than the cinema world. But the art world is pretty tight even though the biggest thing that's happened to it is the auctions, which are the only reason people on the outside know anything about it.

The art market is global now, and there's becoming more of an international consensus about what constitutes good art.

When a collector says, "You've got to educate me," or "What's a good investment?" then I don't know what to say. I have no idea. Let's face it, I'm probably going to recommend artists that I represent.

Despite my extremely modest prices, dealers and art lovers are turning their backs on me. It is very depressing to see the lack of interest shown in an art object which has no market value.