The TRUTH about the Art Market (is hidden in plain sight)

The modern art market appears from the outside to be a lot of glitz and glamour. The reality is it may be a castle built on sand. Here we discuss auctions, art fairs, and why the headlines in the art world aren't always as they seem.
If you are interested in talking more about modern art, or have any modern art or design you would like to purchase or sell (I offer free evaluations) please contact me at info@christopherwestpresents.com
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Пікірлер: 27

  • @Nashvillain10SE
    @Nashvillain10SE4 ай бұрын

    I'm going to LOVE this series! I buy art at online auctions but not for investment purposes. I've bought a number of pieces--mostly oil on canvas and some sculptures. It just makes me happy to have art in each room of the house--art that moved me in the first place and will continue to make me smile. There are so many talented artists around the world and, for me, it doesn't matter that they aren't well-known; they're now known to me.

  • @christopherwestpresents

    @christopherwestpresents

    4 ай бұрын

    Excellent point! And we’ll be sure to touch on collecting for joy very soon.

  • @timeenoughforart

    @timeenoughforart

    4 ай бұрын

    I'm going to HATE this series! I subscribed just for that reason. Every once in a while I get the idea I might be able to make minimum wage, then reality strikes. I'm better off arting for arts sake, than even thinking about economics. Painting is an miraculous pain killer. Why ask for more.

  • @Nashvillain10SE

    @Nashvillain10SE

    4 ай бұрын

    @@timeenoughforart I take it you're a so-called "starving artist". Maybe this series will give you ideas on how to market your art!

  • @renzo6490
    @renzo64904 ай бұрын

    Art as investment....sad words to the ear of a real artist.

  • @christopherwestpresents

    @christopherwestpresents

    4 ай бұрын

    There would be a lot less art if there weren’t people out there buying it.

  • @ryleypalmer

    @ryleypalmer

    4 ай бұрын

    If you want to make art for a living someone has to invest in you. Even as a graphic designer or animator a studio is investing their money and time into you. So it’s narrow to disregard the value of investors as an artist.

  • @renzo6490

    @renzo6490

    4 ай бұрын

    @@ryleypalmer I don’t want to make art for a living. Critics,galleries, publications and auction houses promote and celebrate certain artists and styles. Objects with no artistic merit are touted and praised . Their value increases with every magazine article, every exhibition in a prestigious gallery. And when they come up for auction, sometimes the auction houses will lend vast sums to a bidder so that it appears as if the work of the particular artist is increasing in value. The upward spiral begins and fortunes are made. And many are reluctant to declare that the Emperor is, in fact, naked lest they appear boorish unsophisticated Philistines ! This is what dominates the art market today. The love of money is the root of all evil. It has corrupted politics. It has corrupted sport. It has corrupted healthcare. It has corrupted religion. And now it has corrupted art. Just look at the crap shown at the art “fairs” in Miami,Venice New Delhi, Singapore,Dubai and other glitzy locations. People turning out pretentious,derivative and, frankly, ugly nonsense. Koons,Hirst,Creed, Tracey Emin! Koon’s three basketballs suspended in a fish tank sold for $350,000. Take his name off and see what it would bring . Grift and scam. I look forward to the day when galleries are no longer the art stock exchange.

  • @renzo6490

    @renzo6490

    4 ай бұрын

    @@christopherwestpresents There SHOULD be a lot less art!

  • @jeffreyolson2139
    @jeffreyolson21393 ай бұрын

    Fascinating presentation! As an artist, this might be the most important glimpse, behind the curtain, into the reality of the art world, that I've encountered! I eagerly await the future installments in this series!

  • @christopherwestpresents

    @christopherwestpresents

    3 ай бұрын

    Thanks so much for watching! This doesn’t mean you can’t make a living as an artist. Thankfully are still a lot of people buying art at all levels.

  • @SuperPsychoSheep
    @SuperPsychoSheep4 ай бұрын

    Going to enjoy this series. As an artist it's interesting to see a collectors side of things, as once I've finished a piece it weirdly has no value to me. I've gotten what I needed from the piece by making it.

  • @christopherwestpresents

    @christopherwestpresents

    4 ай бұрын

    Thank you! I think that’s why there are artists AND dealers - you should focus on your art.

  • @michaellitewski2352
    @michaellitewski23524 ай бұрын

    Thanks for another wonderful video.

  • @christopherwestpresents

    @christopherwestpresents

    4 ай бұрын

    I really appreciate that. Thank you!

  • @johnconn982
    @johnconn9824 ай бұрын

    Really excited I found your site, gonna be fun sur’nuf.

  • @christopherwestpresents

    @christopherwestpresents

    4 ай бұрын

    I really appreciate that. Thanks so much for the support!

  • @stevechmilar1215
    @stevechmilar12153 ай бұрын

    The Pareto principle. More or less. Thank you for covering these topics. Great channel. I found more success when I focused on "my village" as Tim Packer spoke of in one of his videos. The system that supports the top 1 or 0.1% art world is full of pretension and fake personalities anyways. I love meeting the 5 or 10% who can afford to spend money that makes a big difference in my life. Meeting them in person at art fairs and becoming friends is possible in that village. I don't collect art. I try to make the most valuable work I can without abusing my potential to 'print money' by making tons a fast sales.

  • @christopherwestpresents

    @christopherwestpresents

    3 ай бұрын

    Well said. I like my art world with less prevention too.

  • @LambentOrt
    @LambentOrt4 ай бұрын

    There are so many artists out there producing different types and at different stages of their career. Its not hard at all to find something that you like. And it's always good practice to buy something that you like. Unless you have money to burn, don't buy art as investment.

  • @christopherwestpresents

    @christopherwestpresents

    4 ай бұрын

    Well said!

  • @leighfoulkes7297
    @leighfoulkes72974 ай бұрын

    The US was the top of the art world in the 20th century because of our Unions. The people had enough money to buy up art and artist could live off lower incomes (rent was cheap). Now, no one has the money to even buy a good "low-end" painting (around a few thousand dollars) and artist can't afford rent. Plus, people should collect art as an investment but because they love the work.

  • @christopherwestpresents

    @christopherwestpresents

    4 ай бұрын

    Art collecting has always been the playground of the rich. At least since the Medicis.

  • @mmmbiscuits1211
    @mmmbiscuits12114 ай бұрын

    Views going up.......50k soon!.......2k subs coming up fast!

  • @christopherwestpresents

    @christopherwestpresents

    4 ай бұрын

    🤞🤞🤞!

  • @BrianMorrisPhoto
    @BrianMorrisPhoto4 ай бұрын

    the art belongs to everyone..... thats why it has a high value..... ITS NOT A COMMODITY in the same way that a mass produced toy or shoe or etc.... You need to understand that a piece of art is like a prototype of a motorcycle or a car or a house etc..... The prototype is the most expensive part of the development of any thing that is made to sell...... PLEASE ......Stop confusing people!

  • @christopherwestpresents

    @christopherwestpresents

    4 ай бұрын

    Totally disagree that art is like a prototype of a car. A prototype by definition is full of flaws and working out the kinks. The best art is closer to perfection.