Explained: What is the Art World? - Part 1: The Art Market
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- Опубліковано 13 лип 2024
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Julien Delagrange is an art historian, contemporary artist, and the founder and director of CAI. Delagrange studied Science of Arts at Ghent University, Belgium, and worked for the Centre for Fine Arts (BOZAR) in Brussels, the Jan Vercruysse Foundation, the Ghent University Library, and has contributed to the international contemporary art scene as an art critic, lecturer, curator, gallery director, consultant, advisor, and as an artist. As an artist, he is represented by Galerie Sabine Bayasli in Paris, France, and Gallery Space60 in Antwerp, Belgium.
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Table of contents:
00:00 - Introduction
00:57 - 1. Art Galleries
05:07 - 2. Art Fairs
07:34 - 3. Auction Houses
09:23 - 4. Online Marketplaces
12:32 - Stay tuned for Part 2!
12:50 - Outro
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For the second time, there was a slight problem with the audio, so it is only partially synced with the video. Part of the learning process! Nevertheless, thank you for watching, and stay tuned for part two next week. Chat soon!
Here's the deal, rich people like to make money, and when they spent that money they want to retain the value of whatever they have, so they create various institutions; galleries, auctions houses, museums and the job of the people that run these institutions is to maintain the perceived value of past acquisition. Artist and their art are just pawns in the game.
I appreciate your honesty about commercial art galleries, even though they still appear to be the best places for artist to strive for. What is troubling to me is the lack of what I consider to be serious artworks shown today. Lots of gimmicks and lrony, campy works…While attending in a high end, serious art masters program I experiences a lot of this back in the late 80’s-90’s. Also the idea from previous videos of yours suggest I need to sort of “Trick” the gallery owner by showing up at their shows to make a contact. Still the idea of not what you know, but who you know. I took a break from high, serious art for a couple years to teach myself landscape art, I learned a ton, but now I know I just need to focus on my own non-objective works again. Just keeping it real here, as I see you are. Cheers -Greg
Hi Greg, thank you for tuning in and for sharing your honest thoughts and experiences. When it comes to the "lack of serious artworks," I believe this is something very personal and in the end they're art for every taste at every level. Art is a feast. When it comes to my advice of tricking the gallery owners, this isn't really what I am trying to communicate or advise. For those who are good at networking, getting in touch with new people and getting to know the gallery owners personally can be great-but it always has to be genuine. A genuine interest in their program, in who they are as a person, and eventually it can go the other way as well. But it is not a pretext to become a successful artist. There are numerous other strategies to be seen that are also feasible for introverts. Think of social media, art contests, residencies, open calls for exhibitions, and in the first place creating good art will natural result in interest from collectors and thus galleries. Have a great day!
I love how the dog is engaged with the fly.
😂😂😂 Exactly
Thank you so much, this is really helpful! waiting for part 2.
That's great! The pleasure is all mine, thank you for tuning in.
Your video certainly would encourage me to be a good atist some other time . I always appreciate it. Your useful information will be a good guide line for most artists in the world.❤
Thank you so much!
I have really been enjoying these videos and learning a lot. You my have mentioned it’s category and perhaps I missed it, but there are also open studios, especially the complexes with several studios that dedicate a day or weekend where the studios are open to the public for viewing the artists works. Usually people see the art in each of the studios, but sometimes the building has a gallery space where the art is shown collectively or spotlighting individual artist’s work.
Yes, you are absolutely right. These spaces/initiatives can be real artistic hot spots. Thank you for adding this to our conversation in the comments 🙏
Thank you
Thank you for your videos. They are exceptional!
Hi Konstantinos, thank as always for your loyal and positive support 🙌
Absolutely fantastic explanation.. Congratulations and thank you!!!
The pleasure is all mine!
Another very well presented and thought provoking video! There are a couple of observations that come to mind from working in the art services industry: What makes the Art Market such a robust and (relatively) stable financial market is that it is largely self regulating and is based on the rarity of objects produced by the most famous and sought after artists… This means that artists rarely see the full earning potential of their work during their lifetime as the value of the work increases once there is limited supply and demand… therefore because most of this tier of artwork is being bought and sold to and from various collections, with maximum discretion and security… the high end secondary market is such a different beast than the primary market… Or maybe just a very extreme mirror image of it.
The other part of the art market, which kind of fascinates me, and exists alongside the gallery system is the whole world of art consultants and to a certain extent designers, at least when the designer is also acting as a curator. Although they usually take less commission than a gallery they can really push an artist or an aesthetic to a collector or group of collectors (since they frequently pitch the same or similar themes to multiple clients)… which can have interesting results. Anyway I really enjoy these videos!
Hi Matt, thank you for tuning in. You are absolutely right about the secondary market and how it differs from the primary market. But they are also strongly connected, as the selling price on the secondary may never go below the primary market price, or the repercussions could be disastrous for the artist and gallery. Concerning the second part of your comment, I agree with you. Fascinating to see how advisors and curators influence the market while operating remotely in that market. Thank you for the interesting comment and looking forward to our next chat!
Thank you, lots of information I wasn’t aware of. Love your pooch
Happy to! She's the best 😁
Thank you! Really helpful information.
That's wonderful, thank you for your most kind feedback and for watching
This is so helpful! Thanks!
The pleasure is all mine! 🙌
top dog content 🥰
All hail Queen Perrier! ❤😁
Perrier is great! Any suggestions what he thinks at 5:08 ?
She's the best! Contemplating the meaning of life? 😅
thats a good boi
I think you should better showing only illustrations images than you in front of camera. It catches better the audience :) anyway thanks for the content
I disagree, Julien and Perrier are great!
I believe it is about finding the right balance; thank you for the feedback.
@@contemporaryartissue yes it just my feeling, i feel it’s a bit too static and i prefer watch art pieces or artist in their studio. I tell you that because i stop the video severals times because i wasn’t captivated enough. My opinion if it can helps but i’m may be the minority :) anyway thanks for taking time to share all of these contents, it’s free so for sure I appreciate it anyway how you make it. 🤍
I think there is already a right balance. You wouldn't want to miss the dog, would you?
@@____Ann____ i won’t 😄
What about NFTs? Like it or not, but NFTs have undeniably become an integral facet of the contemporary art world. Presently, a growing number of both blue-chip, and emerging artists are joining the Metaverse, signaling a noteworthy shift in the art landscape.
Yes, NFTs have become part of the art market indeed. However, it is more of an art type than it is an entity in the art world-so I believe it is another topic for another video. Thank you for tuning in and feel free to stay tuned!
Fake art is NOT fine art. So, it wasn't covered here. Maybe get a video made for investments and banking. This is NOT real art.
Each of us as artist choose our path. We all want the ‘holy trinity’ or do we? What do we want? As artist we must decide and such information as CAI provides helps. We as artist must be honest and make deeply personal choices. And finally we must live with them. Time waits for no one. Artist make art that we make it is the the matter of most importance.
You are absolutely right! More coming soon on the different career paths-a very interesting and important topic, in my opinion. Thank you as always Daniel 🙏
Biggest realization an artist usually has is that art isn't a job or profession, since there's no demand for fine arts (but gazillions of offers). It's simply unrealistic to live as an artist! You may require other types of income, like inheritance, real job or maybe crime route 😂 Something to SUPPORT your artistic hobby, not make you starve and be broke.
Thats how i do it.. because my 'art' isn't probably 'good enough' for the 'serious' art galleries. WHAT is 'good' or 'real' art acuatlly? Who invented that term...because the most so called 'good' art i made in art school was bloody ugly and gave my a bad feeling...
Art world a world of 👠💄👙 art 🎨 😉
that fruity flemish accent, though.