Comments on: Art market chart of the day, auction gross edition http://blogs.reuters.com/felix-salmon/2013/12/16/art-market-chart-of-the-day-auction-gross-edition/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Moopheus http://blogs.reuters.com/felix-salmon/2013/12/16/art-market-chart-of-the-day-auction-gross-edition/comment-page-1/#comment-48922 Mon, 30 Dec 2013 23:36:18 +0000 https://blogs.reuters.com/felix-salmon/?p=22886#comment-48922 “They’re not necessarily representative of the art market as a whole,”

Given that there are many thousands of artists living and dead, and presumably most of their work isn’t sold at auction, that would seem to be something of an understatement.

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By: AngryInCali http://blogs.reuters.com/felix-salmon/2013/12/16/art-market-chart-of-the-day-auction-gross-edition/comment-page-1/#comment-48886 Sat, 21 Dec 2013 03:50:16 +0000 https://blogs.reuters.com/felix-salmon/?p=22886#comment-48886 You disregard the width of the peaks. A bubble that persists over more years involves a lot more money sloshing around (unless you think the same pieces are getting resold for approximately their previous price). So the current bubble has a lot more volume than the previous one, even if the peaks aren’t as high.

I guess if the peak becomes a plateau, it wasn’t a bubble!

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By: RichardCavitt http://blogs.reuters.com/felix-salmon/2013/12/16/art-market-chart-of-the-day-auction-gross-edition/comment-page-1/#comment-48875 Thu, 19 Dec 2013 04:49:25 +0000 https://blogs.reuters.com/felix-salmon/?p=22886#comment-48875 This approach is little different. There is a continuous resurgence in the price. Hope it will go a long way.
vente maison

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By: TFF http://blogs.reuters.com/felix-salmon/2013/12/16/art-market-chart-of-the-day-auction-gross-edition/comment-page-1/#comment-48842 Mon, 16 Dec 2013 17:25:30 +0000 https://blogs.reuters.com/felix-salmon/?p=22886#comment-48842 How do you determine what to bid on something that trades only occasional and has no tangible value? The simplest approach is to consider the historical relative valuation, and to use that to place it in the context of the current market. Of course that approach tends to keep relative valuation constant over time…

Like the stock market, without the complexities of actual corporate performance confusing things.

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By: PaulDavies http://blogs.reuters.com/felix-salmon/2013/12/16/art-market-chart-of-the-day-auction-gross-edition/comment-page-1/#comment-48840 Mon, 16 Dec 2013 06:14:17 +0000 https://blogs.reuters.com/felix-salmon/?p=22886#comment-48840 Very different from movies for that reason…

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By: PaulDavies http://blogs.reuters.com/felix-salmon/2013/12/16/art-market-chart-of-the-day-auction-gross-edition/comment-page-1/#comment-48839 Mon, 16 Dec 2013 06:13:33 +0000 https://blogs.reuters.com/felix-salmon/?p=22886#comment-48839 I think you might need to correct for the liquidity of each name – how many pieces they made that exist in the market and even how often they are traded….

Picasso, Warhol and Monet probably dominate for that reason, no?

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