Art Auction Season: Market Records Broken and Artists Recognized

[ParallelSelf34]

Summer art auctions setting records. Contemporary artists commanding high prices. Market shifting toward living artists. Recognition happening during lifetime not posthumously. The economics of art market evolving. Investment interest in art growing. Galleries competing globally. What drives price? Name recognition. Scarcity. Market manipulation. Genuine quality. All factors mixing. Who decides value? The market decides. The implications for art itself interesting. Does commercialization help or hurt?

[DQ Eric]

Living artists getting recognition is progress. Previous generation waited until death