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Art Auctions
Art Auctions explores the fascinating intersection of art and finance, revealing the unseen economic forces that shape the art market. It delves into how auction houses wield power as market makers and how financial speculation can influence art valuations, often detaching prices from intrinsic artistic merit. The book highlights that the auction environment can foster irrational bidding behavior due to competition and the public display of wealth, while also demonstrating that the increasing financialization of art introduces complex investment opportunities that can distort the market. The book examines the art market as a constructed financial ecosystem susceptible to manipulation. It beg...
Famous Art Auctions
Famous Art Auctions explores the high-stakes world where art, finance, and prestige collide. It unveils the historical evolution of art auctions, from estate sales to today's global marketplaces, highlighting how these events serve as barometers for the entire art market, reflecting economic trends and influencing cultural value. The book argues that auctions are not mere transactions but complex performances involving artistic merit, financial speculation, and social status. Did you know that celebrity provenance can significantly impact auction prices, or that online art auctions are reshaping how art is bought and sold? The book progresses from foundational concepts like art valuation and...
Chinese Contemporary Art in the Global Auction Market
Chinese Contemporary Art in the Global Auction Market examines the rapid rise of the global market for Chinese Contemporary art across the turn of the millennium. Focusing on key auction events, it traces the systematic and strategic role played by auction houses in promoting the work of ‘avant-garde’ Chinese artists, transforming them into multi-million-dollar global art superstars. Anita Archer’s research into this emerging art market reveals a powerful global network of collectors, curators, dealers and auction house specialists whose understanding of the mechanics of value formation in the global art world consolidated a framework for the promotion of Chinese Contemporary art to a Western audience.
The Legal System of Art Auction in China
This book is the first book to comprehensively and deeply explain and construct the legal system of Chinese art auctions. Based on agency theory in traditional contract law, this book combs the legal relationship between client, auctioneer, and buyer. Aiming at the most difficult problem of art identification, this book shows the obligations that auctioneers must perform and the common methods for auctioneers to avoid these obligations. The purpose of this book is to ease the current situation in which the interests of buyers and auctioneers are too opposed and speed up the legalization process of art auctions through the construction of the legal system of art auctions in China. Additionally, using the method of policy demonstration, this book discusses how public power should intervene in the process of art auctions.
Art Auctions and Dealers
This collection of essays presents a status quaestionis concerning the dissemination of Flemish and Dutch art during the period 1400-1800, and highlights the role art auctions and dealers have played in this process. Auctions emerged as the primary channel for art sales at the end of the seventeenth century in the Low Countries and during the eighteenth century, countless local art collections were broken up and put up for auction. Especially (old master) paintings exchanged hands in great numbers at these public sales, and the finest pieces frequently ended up in foreign holdings. The activities of the professional art dealer form the focus of several essays. These intermediaries played an ...
Auction Scandals
Auction Scandals explores the often-hidden world of art auction fraud and market manipulation. It reveals how practices like shill bidding, where auctioneers artificially inflate prices, and bid rigging, where bidders collude to suppress prices, can undermine the integrity of the art market. The book argues that the subjective nature of art valuation, combined with a lack of transparency, makes the market vulnerable to corruption. Understanding these issues is crucial for anyone involved in art investment or collection. The book systematically uncovers the various schemes employed to deceive buyers and sellers, drawing on legal cases, investigative reports, and auction data analysis to expose patterns of fraud. It also examines the ethical implications and potential conflicts of interest involving auction house staff, consignors, and artists. Readers will gain valuable insights into identifying red flags, mitigating risks, and advocating for increased transparency. As the book progresses, it moves from foundational concepts to specific examples of fraud and practical guidance.
The Dynamics of Auction
Each year art and antiques worth many billions of pounds are sold at auction. These auctions consist of numerous, intense episodes of social interaction through which the price of goods rapidly escalates until sold on the strike of a hammer. In this book, Christian Heath examines the fine details of interaction that arises at auctions, the talk and visible conduct of the participants and their use of various tools and technologies. He explores how auctioneers, buyers and their representatives are able to transact the sale of diversely priced goods in just seconds. Heath addresses how order, trust and competition are established at auctions and demonstrates how an economic institution of some global importance is founded upon embodied action and interaction. The analysis is based on video recordings of sales of art and antiques gathered within a range of national and international auction houses in Europe and the United States.
Art and Auctions
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