Big Bucks: The Explosion of the Art Market in the 21st Century

Amazon.com Price: $695.61 (as of 06/12/2019 06:22 PST- Details)

Categories: Arts and Photography, Books, Business and Money, Business of Art, Commerce, Economics, Globalization, History, History and Criticism, Politics and Government, Politics and Social Sciences, Specific Topics, Subjects

Description
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Description

This highly readable and timely book explores the transformation of the up to date and recent art market in the 21st century from a niche trade to a globalised operation worth an estimated $50 billion a year.Drawing on her personal experience, the writer describes in fascinating detail the contributions made by a range of actors and institutions to these latest developments. The book specializes in the development of auction houses into globalised, frequently cutthroat ‘art business’ firms; the emergence and modi operandi of ‘mega-dealers’ and middlemen; the ‘new frontier’ of selling art on the net; the radical changes in the profile of art collectors; the phenomenon of the ‘branded’ artist and the explosion of art fairs. It addresses the negative side to the art market’s expansion, particularly its loss of transparency and light regulation. The writer’s engaging style makes this informative text ideal for collectors, students, and any person interested in learning more about the evolution of the unprecedented market for art which exists lately.

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