The International Art Markets: The Essential Guide for Collectors and Investors

Contents......Page 5
Contributors......Page 11
Foreword......Page 20
Preface......Page 22
Introduction......Page 33
The trading of art......Page 36
Art research......Page 37
The workings of the art market......Page 38
Art indexes......Page 40
Museums......Page 42
Supply and demand......Page 43
Value......Page 44
The collector......Page 49
The investor......Page 50
Art and the law......Page 52
A new age and a shift of economic power......Page 53
Tax and the global art market......Page 59
The internet art market and art funds......Page 60
Bibliography......Page 62
Introduction......Page 65
The antique sector......Page 66
The contemporary sector......Page 69
Museums......Page 71
Galleries......Page 72
Exhibitions and art fairs......Page 73
Conclusion......Page 74
Bibliography and sources......Page 77
Introduction......Page 80
The current Argentine art market......Page 81
Sales volume of Argentine art at auctions......Page 82
The 10 most expensive works of Argentine art on the market......Page 83
Conclusion......Page 84
I come from the land down under......Page 85
A segmented market: Australian and Aboriginal art......Page 86
Financial indicators and performance......Page 89
The players......Page 91
The regulatory environment......Page 95
Buyer characteristics......Page 96
Bibliography......Page 98
Short history......Page 99
Auction houses in Austria......Page 100
Export law and restitution......Page 101
Collecting fields......Page 103
20th-century Austrian art......Page 104
Contemporary art......Page 105
Reference......Page 106
Introduction......Page 107
The Belgian art market......Page 108
Collectors and collections......Page 109
Legal issues and taxation......Page 110
Bibliography......Page 111
The current art market in Rio de Janeiro and São Paulo......Page 112
Artists who influence the market......Page 113
Trends......Page 116
Contacts and institutions......Page 117
Legal and regulatory aspects of the local art market......Page 119
Bibliography......Page 121
Introduction......Page 122
Sources of data......Page 123
Market data......Page 125
Conclusion......Page 128
Bibliography......Page 129
Introduction......Page 130
The importance of management......Page 131
Consumption statistics......Page 132
Summary......Page 133
Introduction......Page 135
The art market by sector......Page 137
The contemporary art market......Page 140
Conclusion......Page 142
Profile of the Czech art market......Page 143
The market for contemporary art in the Czech Republic......Page 144
The current auction market in the Czech Republic......Page 145
Important addresses......Page 148
The art market......Page 150
Historical patronage......Page 152
Auctions and galleries......Page 153
Galleries in Iceland......Page 154
Taxation......Page 155
Bibliography and contact information......Page 156
Finnish art markets today......Page 159
Investing in art through Finnish auctions......Page 160
Some Finnish artists and art categories......Page 163
Art sale institutions in Finland......Page 164
Important summer exhibitions......Page 165
History......Page 166
The main players in the market......Page 167
The buyers......Page 169
French specialities......Page 170
Exports......Page 171
Collecting and dealing......Page 173
Investing in German art......Page 176
Bibliography......Page 180
15 Greece......Page 181
Galleries......Page 182
Auctioneers......Page 184
Collectors and collections......Page 185
Public collections and museums......Page 186
Legal issues and taxation......Page 187
Bibliography......Page 188
The growth of the art market in India......Page 189
Galleries......Page 190
Art fairs, biennales and triennials......Page 191
Market performance......Page 192
Select bibliography......Page 194
17 Indonesia......Page 195
The Balinese school......Page 198
Reference......Page 199
The Irish art trade......Page 200
The Irish taxation system......Page 204
References......Page 208
History and background......Page 209
How to buy and sell in Israel – historical facts......Page 211
Buyers......Page 212
The art trade structure......Page 213
Recent and important art market results......Page 214
Market trends......Page 215
The Italian art market......Page 216
The market in Italy......Page 217
Structure of the market......Page 218
Art and cultural demand......Page 221
Art market legislation......Page 222
Reference......Page 224
The art market......Page 225
Collecting postwar and contemporary art......Page 229
Museums......Page 230
Acknowledgements......Page 231
The artists......Page 232
The government’s role......Page 233
Art dealers......Page 235
The collectors......Page 236
Conclusion......Page 237
Selected bibliography......Page 238
The importance of 20th-century Mexican art......Page 239
The current art market......Page 241
Trends......Page 244
24 The Middle East and North Africa......Page 246
Galleries......Page 247
Museums......Page 250
Collectors and collections......Page 251
Prognosis......Page 252
Dutch art internationally: prominence thanks to fertile soil......Page 253
Dutch design......Page 256
Local Dutch art and art markets......Page 257
Reference......Page 260
Auctions......Page 261
Dealers......Page 263
Art buyers......Page 264
Recent prices and trends in the NZ art market......Page 265
Exhibitions and education......Page 268
Art publications......Page 269
Auction houses, dealers and galleries......Page 270
Collectors......Page 272
Decorative arts......Page 273
Bibliography......Page 274
The art market......Page 275
References......Page 278
Auctioneers, dealers and modern art galleries......Page 279
Collections and collectors......Page 280
Polish artists on the international market......Page 283
Bibliography......Page 284
Taste and trends......Page 285
Market structure......Page 291
Collectors......Page 293
Final notes......Page 294
Reference......Page 295
The art market today......Page 296
Auction houses......Page 298
Art and taxation......Page 299
Contemporary art......Page 300
Conclusion......Page 301
Introduction......Page 302
Auction houses......Page 303
Art fairs and infrastructure......Page 304
Art specialist skills and services......Page 305
References......Page 306
Introduction......Page 307
Key artists......Page 308
Conclusion......Page 311
34 South Korea......Page 313
Art presently sold......Page 314
Players......Page 315
Auctions......Page 317
Korean art in the international auction market......Page 318
Investing in the Spanish art market......Page 320
The Spanish art market: booming since the 1990s......Page 323
Challenges faced by the Spanish art market......Page 326
Museums, foundations, collectors, publishers and the art market......Page 327
Bibliography......Page 329
Patronage and collections, private and public......Page 330
The international marketplace for Swedish art......Page 331
Conclusion......Page 335
Bibliography......Page 336
Introduction......Page 338
The leading fair for modern and contemporary art......Page 339
The secondary market in Switzerland......Page 340
Swiss impact on international art markets......Page 341
Legal framework......Page 342
Taiwan’s recent history and current art market performances......Page 345
Conclusion......Page 350
Introduction......Page 351
The art market......Page 352
Collectors......Page 353
Bibliography......Page 354
40 Turkey......Page 355
The Turkish art market......Page 356
Collectors......Page 357
Taxation......Page 358
Bibliography......Page 359
41 The United Kingdom......Page 360
The market for British art......Page 361
Leading British artists......Page 365
New York......Page 369
Art shows and fairs......Page 373
The New York gallery scene......Page 374
Travellers to the New World......Page 376
The 19th century......Page 377
The 20th century......Page 378
2000 to the present......Page 381
Index......Page 383
Plate Section
......Page 393