View all newsletters
Have the short, sharp Spear's newsletter delivered to your inbox each week
  1. Wealth
November 26, 2012updated 09 May 2016 2:04pm

Art World Greed Skews Prices

By Spear's

I’d guess it’s something way more primal

Pardon the proselytizing. So much criticism about runaway prices focuses, more often than not, on artists as commercial branding machines, and collectors as collective vanity writ large.

But I’d guess it’s something way more primal. Whether Picasso backdating works to garner higher prices, and pitting dealers, wives and lovers against each other, or the self-replicating Hydra that is Hirst, it just boils down to run of the mill, conventional greed.

I’m not saying I’m immune, just saying a lot of (multi)million dollar art today may soon be as obsolete as Michael’s cellphone.

Read more from Kenny Schachter

Don’t miss out on the best of Spear’s articles – sign up to the Spear’s weekly newsletter

Content from our partners
How the Thuso Group’s invaluable experience and expertise shaped the Spear’s Schools Index 2024
AP Executive: Your Trusted Global Partner in Wealth Management Recruitment
A League of Their Own

Select and enter your email address The short, sharp email newsletter from Spear’s
  • Business owner/co-owner
  • CEO
  • COO
  • CFO
  • CTO
  • Chairperson
  • Non-Exec Director
  • Other C-Suite
  • Managing Director
  • President/Partner
  • Senior Executive/SVP or Corporate VP or equivalent
  • Director or equivalent
  • Group or Senior Manager
  • Head of Department/Function
  • Manager
  • Non-manager
  • Retired
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications.
Thank you

Thanks for subscribing.

Websites in our network