Art History · Art
Contemporary Art & the Art Market
How art became concept and the market became a global asset class: Duchamp to Warhol, Koons, Hirst and Banksy; primary galleries vs secondary auctions; buyer's premiums, guarantees and record sales; NFTs; and whether art is a good investment.
Step 1 of 6 · Overview30 min read ·
Key idea
Prereqs: Modern art. Next: Great directors. Sources: Art Basel & UBS *Art Market Report*; Don Thompson, *The $12 Million Stuffed Shark* (2008); Mei Moses art indices; Artsy's market series.Next: 1. From object to idea