The case

The publisher writes: “Art and money – this was also an alliance for Andy Warhol. He was of the opinion that the value of money equals the value of art. Art is seen as something beautiful, stimulating or instructive. But art is also a financial investment that is chosen for a variety of reasons. For financial considerations, but also because owning art provides social prestige and social acceptance”.

The art market is largely unregulated and therefore offers scope for a wide variety of behaviour

Source: Kunst und Geld – Geld und Kunst¸ Schattenseiten und Grauzonen des Kunstmarkts; Roth Monika; Stämpfli Verlag 2020 (German)

The commentary

Roth deals with what she considers as problematic aspects of the art market. Interesting overview with case studies.

 

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