The global art market is not in the greatest shape. The worldwide sale of art rose a modest 1.7% in the past year and is now valued at around $45 billion. This follows a seven percent drop in sales between 2014 and 2015. If you are an artist, or at least someone interested in launching a business selling art, this may not seem like the right time.
In reality though, this could be the most opportune moment to launch your business in the art world. The TEFAF art market report quoted earlier in this article estimates that nearly $28 billion of the total $45 billion came from private sales.…Continue reading