"Driven both by external demand and internal developments, the modern art market has begun a process of evolution, and is emerging as an international financial trading platform, in which art works and information about them are exchanged by a widening group of investors, many interested in the financial nature of the asset class as much as it aesthetics."
That is one of the first sentences of 'The Art Economy - An Investor's Guide to the Art Market', a new book by Clare McAndrew that I have just begun to read. I hope it contains some interesting insights.
Tuesday, 15 January 2008
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