Saturday, September 15, 2012

«I LIKE MONEY ON THE WALL»

 Some auction data, such as the percentage of an artist’s work that sells successfully at auction, can be useful. “Very few artists have sell-through rates of over 80% at auction. One of those artists is Alexander Calder,” said art advisor Todd Levin, who has built a large Calder andGerhard Richter collection for a client since 2009. “Calder is nearer to 95%, which is kind of unheard of.” He added that he also looked at artists where their work consistently sells for over the auction house’s high estimate. “That tells me that demand is still greater than supply.”

-Forbes
 14/9/2012


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