The Art Market is Less Ethical than the Stock Market
The BriefGet Up To Speed
Though the 2008 recession sparked widespread belief that the stock market was corrupt. Is the art market any better? Practices like chandelier bidding, price inflation and secret sourcing of art pieces call into question the legitimacy of art sales and values. But art market defenders posit that art, unlike other commodities, is valued based on appreciation and, because no two works of art are identical, cannot be regulated using traditional measures.
Art Market
Art Bubble
Investment
Regulation
Auctions
Sotheby's/Christie's
Dealers
Museums
Antiquities
Scandals of Note