art markets
Where paintings sell
Art markets are the systems through which artworks are bought and sold—encompassing auction houses, galleries, dealers, and private sales.
The term covers both the commercial infrastructure and the economic activity itself: The art market has shifted toward contemporary works, Asian art markets are booming.
Art markets operate at various levels, from local gallery scenes to the international trade in masterpieces worth hundreds of millions.
- pricingEstablishing monetary amounts charged
- appraisalEstimation of worth
- auction housesFirms selling to highest bidder
- collectorsThose who systematically acquire
- provenanceRecord of ownership
galleries · valuation · emerging artists · taste · cultural capital · hammer price · lot number · curators · dealers · authenticity · aesthetics · speculation · online marketplaces · patronage · due diligence · exhibitions · fairs · investment
- art historyRenaissance, Baroque, Impressionism, Romanticism, Realism
- art eventsgallery openings, opening receptions, retrospectives, gallery opening, gallery shows
- art tourismmuseum tour, gallery tours, gallery tour, guided tour, sculpture gardens
- Cultural Industriescreative industries, arts funding, media, entertainment industry, film industry
- commercial art exhibitionsgallery shows, gallery openings
- arts worldartists, galleries, museums, studios, painters
art marketsmuseums
Institutions preserving cultural artifacts
public galleries · art museums · national galleries · art education · public art programs
art marketsstreet art
Illicit public murals
public art · public museums · national galleries · art education programs · murals
art marketsarts patronage
Financial support for creativity