Showing posts with label inflated price. Show all posts
Showing posts with label inflated price. Show all posts

Friday, October 1, 2010

Inflated Pricing of Art Places Young Artists in the Danger Zone

Inflated Pricing of Art Places Young Artists in the Danger Zone

 The issue of inflated pricing of artwork has become a hot topic in recent years-- especially after the crises that bottomed out the art market not long ago. Art dealers have received the blunt of criticism concerning price inflation. However, I suggest that artists are to blame as well-- specifically living artists who have some control over their market. After all, the artist and art dealer relationship is a business partnership-- prices only rise if an artists sits back and allows unrealistic pricing to increase. That said, it is obvious that inflated pricing has hurt the validity of the mainstream art market as a whole-- and has harmed the careers of young artists within the market itself.