Auction sales are what one dealer calls the "visible part of the iceberg." But how big is the rest of it? According to dealers, auction house experts, and other advisers, the private art market is…
In their competition for clients, the top auction houses resort to wining, dining, hand-holding, house calls, appraisals, loans, guarantees, single-work catalogues, and providing employment for…
“In the history of art, as in more materialistic matters, money talks vividly,” Alfred H. Barr Jr., the Museum of Modern Art’s founding director, wrote in 1929. “Let us not be ashamed…