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This Week's Article

The art world has a reputation of being under handed. There is no regulation in this market, the price of a picture is not even quoted.  The artists and dealers protect themselves by saying this allows the viewing to be totally about the art and not the price.  In theory, and sometimes in practice, dealers will quote a different price depending on who they are speaking to.  Why would they do this? Because, depending where the piece ends up will affect the future of the artist.  In certain galleries the artist will gather repute, and in the home of a private collector who perhaps does not even know what he’s buying, the sale will have little impact.
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