Explained: What is the Art World? - Part 1: The Art Market

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  • Опубликовано: 23 авг 2024

Комментарии • 43

  • @contemporaryartissue
    @contemporaryartissue  Год назад +11

    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!

  • @leststoner
    @leststoner 11 месяцев назад +9

    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.

  • @gregwing6409
    @gregwing6409 Год назад +5

    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

    • @contemporaryartissue
      @contemporaryartissue  Год назад +2

      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!

  • @Zincink
    @Zincink Год назад +4

    I love how the dog is engaged with the fly.

  • @ET-iy3nv
    @ET-iy3nv Год назад +1

    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.❤

  • @karlhalvorson
    @karlhalvorson Год назад +2

    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.

    • @contemporaryartissue
      @contemporaryartissue  Год назад

      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 🙏

  • @khayriarefaat5981
    @khayriarefaat5981 Год назад +3

    Thank you so much, this is really helpful! waiting for part 2.

  • @mattpipes5106
    @mattpipes5106 Год назад +1

    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!

    • @contemporaryartissue
      @contemporaryartissue  Год назад +1

      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!

  • @konstantinospapaioannou2588
    @konstantinospapaioannou2588 Год назад +3

    Thank you for your videos. They are exceptional!

    • @contemporaryartissue
      @contemporaryartissue  Год назад

      Hi Konstantinos, thank as always for your loyal and positive support 🙌

  • @lucianoa1552
    @lucianoa1552 Год назад +1

    Absolutely fantastic explanation.. Congratulations and thank you!!!

  • @sayusayme7729
    @sayusayme7729 Год назад +1

    Thank you, lots of information I wasn’t aware of. Love your pooch

  • @adriansway6818
    @adriansway6818 Год назад +1

    Thank you! Really helpful information.

    • @contemporaryartissue
      @contemporaryartissue  Год назад +1

      That's wonderful, thank you for your most kind feedback and for watching

  • @luisaoc7378
    @luisaoc7378 Год назад +6

    top dog content 🥰

  • @kjmav10135
    @kjmav10135 Год назад +1

    This is so helpful! Thanks!

  • @sp9138
    @sp9138 5 месяцев назад

    Thank you

  • @MartinMissfeldt
    @MartinMissfeldt Год назад +1

    Perrier is great! Any suggestions what he thinks at 5:08 ?

  • @ryanwbourquin
    @ryanwbourquin 9 месяцев назад

    thats a good boi

  • @ViBrazh
    @ViBrazh Год назад +4

    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.

    • @contemporaryartissue
      @contemporaryartissue  Год назад +3

      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!

    • @mikesamovarov4054
      @mikesamovarov4054 Год назад +1

      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.

  • @DanielLopes-jt8yl
    @DanielLopes-jt8yl Год назад +2

    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.

    • @contemporaryartissue
      @contemporaryartissue  Год назад +1

      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 🙏

    • @mikesamovarov4054
      @mikesamovarov4054 Год назад +1

      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.

    • @katleenemmens
      @katleenemmens Год назад

      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...

  • @TheNoblot
    @TheNoblot Год назад +1

    Art world a world of 👠💄👙 art 🎨 😉

  • @w.urlitzer1869
    @w.urlitzer1869 5 месяцев назад

    that fruity flemish accent, though.