04/13/09

Local Park City Gallery Owner Comments On The National Art Scene

The art market in New York is so different from the contemporary market in the Southwest and in our region that we might as well be on different planets. For our regional art market, prices are determined by the artist’s price list and recent sales. Most artists in this region increase their prices about 5-10% every few years; again, depending on sales and availability, as well as exhibitions and press, etc. Artists and their prices are rarely volatile and it’s even more rare to see decreases in their work’s value. Although you’re never going to make millions investing in regional artists, you’ll also never see huge decreases in value. Again, at Gallery MAR, we always recommend investing in art for yourself, for your life, and buying what you...

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