Market Logic

 
From the documentary film on the art market and forgery:

Beltracchi: Die Kunst der Fälschung

“There’s and inherent market logic that penalizes depreciation, criticism and doubt, and rewards appreciation, euphoria, and calling something a masterpiece. If someone has a paining and asks, ‘Could it be a Derain?’, the expert will say, ‘It’s a Derain.’ The auctioneer’s excited. He can earn millions from the masterpiece at auction. The expert pockets a large commission. The vendor makes money, and the buyer is excited to see a Derain reappear on the market. None of the people involved in the system want it to be a fake.”

Niklas Maak

Art Critic

“Sadly in the art world there are more people who know how to make money then there are works of art. There’s a surplus of financial interests. And enormous sums of money whirling around. The record prices for art are broken every year.”

Sofia Komarova

Gallery Manager

Interesting parallels to the violin, and more specifically, the bow market, don’t you think?

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