Art Investment

This week, a fair Art Basel Miami Beach

It was expected that at the largest art fair in the United States would be quite safe

4 December in Miami was called Art Fair Art Basel Miami Beach. More than 200 gallery will show the public its main treasures. Will the public buy it - these are what matter most interested parties. It is clear that «buying fever» wait no: in a world crisis. Nonetheless, art dealers can reassure themselves that the big fairs Art Basel , Frieze and FIAC , passed this year, not be called a failure. The atmosphere was far from such serenity, as in the past year, but people still buy the product, and did so with pleasure.

art market has been feeling the impact of the economic crisis relatively recently, so the dealers participating in the fair, were not able to adapt to new realities. For Art Basel Miami Beach, they began to prepare a further six months ago, when the weather is on the art market has not yet been so overcast.

According to one of the directors of the fair, Mark Shpiglera (Marc Spiegler), now the primary role played by the buyers in the market, not sellers. He spoke with a lot of collectors, and they all said that now is the time to buy art.

The results of major auctions works of Impressionism, Modernism and contemporary art, held in New York in early November, showed that people do not want to overpay for the work. Record prices they agreed to pay only for the rare pieces. But in general prices which were artificially inflated, should be deleted. This will help remove the speculators from the market and attract serious collectors.

Mark Shpigler believes that the art-dealers will be able to stand. «I think that many gallery owners by nature of its optimistic - he says. - Most of the people who manage these galleries, which participate in the fair, went through good and bad times in the economy. They will find a way out of any situation ».

«The next year will depend on how it will be» - said the Director of the New York Acquavella Galleries Michael Findlay (Michael Findlay). At its booth will be sold 20 works, including works by Georges Marriage (Georges Braque), Pablo Picasso (Pablo Picasso) and Andy Warhol (Andy Warhol). Findlay chooses optimism: to organize a booth to spend as much as before, and selects the work of the same strengths, as in the era of the art boom.

collector Craig Robins (Craig Robins) said that due to the crisis, buyers will be much more attentive to the quality of works of art that come to market. Over the masterpieces, in his opinion, not to worry - they always find themselves the owners.

Art Basel Miami Beach will end on 7 December.

Material prepared Yulia Maksimova

Sources: liveauctioneers.com , artinvestment.ru


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