2020 was a year for great sales
Posted by Art net news on 25/02/2021
Art Dealers Are Shocked to Realize That 2020 Was Actually a Historically Good Year for Business
Galleries Are Thriving During Lockdown – The art market “is raging,” according Los Angeles dealer François Ghebaly. His best year to date was 2020, despite the global pandemic and curbs on art fairs and travel. And he’s not alone. The main reason for the surprising success is that, while sales were down in some cases, there were no major expenses, which helped to balance the books. (Bloomberg)
Collector Who Bought Kanye’s Teenage Art Trove Speaks Out – Vinoda Basnayake was only a law student when he helped promote a Kanye West performance at a Washington, DC, club. Years later, after seeing one of West’s relatives present the music star’s childhood art on Antiques Roadshow, he tracked them down to buy it for himself. “I’ve always been really interested in the origin of artists, and where the art comes from,” Basnayake said. (Complex)