Art Business Insight
Thought about the business of art from the perspective of Frank McClung, her son and executive director.
The “Sportification” of Art
Why is art “sportified” with competitions, judges, and prizes awarded? Over the last few decades, this sportification of art has become the popular norm in the low to middle-market art world. Some of the reasons for this competitive art culture include: Artists desperately seeking external validation for their work, especially new artists. Art competitions are
Part 3: Art Institutions through Maslow’s Hierarchy of Needs
Art and Maslow’s Hierarchy of Needs posts continued (see two previous posts for art (part 1) and art collectors (part 2) and the needs hierarchy): Museums and major cultural institutions generally collect and show art that itself is in the upper two stages of Maslow’s pyramid–Self Esteem and Self Actualization. The financial value of this
Part 2: Art Collectors through Maslow’s Hierarchy of Needs
Continuing our thinking on art and Maslow’s Hierarchy of Needs (see last thread on the relationship of art to the pyramid): Art collectors can be found mainly in the top three stages of the pyramid. People struggling to have basic physiological, safety, and security needs met generally don’t collect original art. Very elderly, students, early
Part 1: Art through Maslow’s Hierarchy of Needs
We’ve been thinking about how the financial value of art, artists, galleries and collectors connects to Maslow’s Hierarchy of Needs. We’ll start with art itself in general. (Note: Individual pieces may travel up and down! the pyramid.) At the lowest Physiological part of the pyramid, art is purely functional: the sculpture is needed as a
The Robots Are Coming
Writing is an art. And writing about art is an art of arts. Like art, it’s hard. It’s complicated. Helk, people make careers writing about art! On Miriam’s Facebook and Instagram accounts, we are in the midst of a series reviewing Miriam’s still life pieces over the decades. Still life is an art genre that
Where is all the art in churches in America?
A few of Miriam’s grandchildren recently returned from a whirlwind introductory tour of Europe including Berlin, Amsterdam, Paris, and London. Can you guess where they spent most of their time in those cities touring? Museums and churches! Why? Well, it wasn’t to see the technology they used at the time for music or lighting or
How do you price your art?
From time to time, we receive questions about art pricing. Our goal in pricing is to reflect what we assess the value of the work to be knowing that galleries, museums, businesses, historians, the public, and individual collectors all view the value of the work of art differently. And that value can change over time,