"High profile auction sales of Warhol, Picasso and the Impressionists reported via news headlines doesn't accurately reflect that art and antique dealers account for fifty percent of the global art market's sales. A new report sponsored by the leading non-profit dealer association CINOA finds that fairs and online business are poised to become the main source of revenue for dealers in the art and antiques trade. E-retail is expected to surpass traditional offline sales by 2020. Collectively dealers consist largely of discreet, low profile individuals and small businesses, preferring to focus on finding great art to match with the right client, rather than publishing high flying sales prices as the leading auction houses customarily do." [Read Full Article]
Published by: ArtLyst
On: 08/28/11
Website: http://www.artlyst.com/
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