Wednesday, February 25, 2009

Turning The Art Market Into A Market For Art

Faced with demand in the doldrums, dealers at the Armory Art Show in New York are treating their displays more like curated exhibits than trade-show booths. "In other words, dealers want to make art precious again - not just pricey. Galleries that look like museums help do that and, when Wall Street woes have scared off buyers anyway, why not? […] Instead of encouraging people who speculate in art, treating it like a stock, these shows aim to develop true collectors, who buy and hold for years." The Daily Beast 02/23/09

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