art market
Painting sales world
The art market is the collective system through which artworks are bought and sold—galleries, auction houses, dealers, collectors, and the prices they establish.
It functions both as commerce and as an arbiter of cultural value: The art market has been volatile since the financial crisis.
Works may be described as performing well or poorly in the art market, treating art as investment alongside aesthetic object.
- provenanceRecord of ownership
- collectorOne who gathers items
- valuationAssessment of monetary worth
- fair valueReasonable exchange price
- speculationUnproven theorizing or risky investment
flipper · investment · patronage · artist · liquidity · appraiser · authenticity · consignment · bidding · reserve price · forgery · tax shelter · free port · price index · blue chip · auction houses · dealer · private sale
- art worldartist, painter, painting, paintings, sculpture
- Art Festivalsbiennial, gallery night, open studio, photography show, sculpture garden
- marketplacesmall, bazaar, plaza, shops, shop
- art businessgalleries, auction houses, collectors, auction house, collector
- art collectingcollectors, acquisitions, artworks, patrons, galleries
- art eventsgallery openings, opening receptions, retrospectives, gallery opening, gallery shows
art marketpublic art
Accessible outdoor creative works
museum collection · public museum · art for art's sake · gift economy · permanent collection
art marketmuseum
Public exhibit space
public gallery · national museum · cultural heritage · public trust · commons
art marketartist studio
Creative person's workspace
art studio · artistic creation · art practice · atelier · creative process