Collectors as Parasites

photo: dpa
photo: dpa

Duchamp said: “Collectors are ‘parasites’ of a sort. I like them very much because they are very nice people, but that has nothing to do with their essential quality, which is to be a parasite on the artist." He’s got a point: as an advisor or collector, your skillset is to shop, a rather sad thought (myself included). Now I see why the majority of high-end art collectors are men: its socially condoned male glomming.

PS: Re the Accidental Interpersonal Touch effect from behind, referenced below, I'd have thought would actually help to facilitate more business.

Wiki def: "Shopping is an activity in which a customer browses the available goods or services presented by one or more retailers with the intent to purchase a suitable selection of them. In some contexts it may be considered a leisure activity as well as an economic one. The shopping experience can range from delightful to terrible, based on a variety of factors including how the customer is treated, convenience, and mood. For example, research from a field experiment found that male and female shoppers who were accidentally touched from behind by other shoppers left a store earlier than people who had not been touched and evaluated brands more negatively, resulting in the Accidental Interpersonal Touch effect. According to a 2000 report, in the U.S. state of New York, women purchase 80% of all consumer goods and influence 80% of health-care decisions."

The Day Trader in Art


Here is a snapshot from the house of today’s new collector. We have entered the day of the day trader in art.

“…there are two types of buyers at auction, the ones who invest in a work for a specific amount of time and view art as an asset class and the other who will “put it above the fireplace and pay any amount for the privilege.”

“I’m in the first category, the investment one,” said Wallace, looking quite youthful and decked out in a tailored blue suit and neatly knotted tie.

Well done to Hirst at this week’s sales, whose early demise was greatly exaggerated. Noted by many to have a toxic market (including me, though I’ve never doubted staying power of early work) he sold particularly well, if at lower levels then in the recent past, all things considered.

The most excellent Judd Tully's reportage on the issue:  ... weiterlesen

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"Die Kunstwelt ist wie eine Mafia, es gibt ein ungeschriebenes Gesetz des Stillschweigens", sagt Kenny Schachter. Auf seinem Monopol-Blog bringt der britische Kunsthändler Licht ins Dunkle und macht die Mechanismen des Marktes transparent. In englischer Sprache