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  Source: itsartlaw.com

Indexes Mey-Мозеса show the profitability of investments in art-рынке compared to other categories of assets (stocks, etc.). This tracks the price changes of those works that changed hands at art-рынке more than once. In the database 45 thousand works. Assessed work, a resale at auction in new-Йорке since 1953. About 4,000 of these works are auctioned annually. On the basis of the obtained data is calculated, the total World All Art Index and seven auxiliary indices showing the state of the art market compared to other types of assets.

Despite the fact that the indices may-Мозеса submitted by professors Michael Moses and Jianping May 2001, analyze the resale of a special work, at Christie's and Sotheby's in new-Йорке, today they are considered one of quite accurate in assessing the state of the art-рынка.

However, many leading analysts of art-рынка responded to the purchase by the auction house Sotheby's indexes Mey-Мозеса calm, because I believe these indexes are far from perfect. For example, Clare McAndrew, a former chief analyst at TEFAF, now converted to Art Basel, says the weak point of indexes Mey-Мозеса that they do not take into account gallery and private sales, and initial sales of works at auction. Plus some of the resale of works that takes into account the index, is very much separated in time. All this affects its validity.

In a press-релизе Sotheby's about the acquisition indexes Mey-Мозеса said that the auction house now has "unique access" to them. This may mean that now the data indexes will be available only to employees of Sotheby's and their customers. Maybe not. While this is preliminary information.

the Material was prepared by Maria Onuchina, AI

Sources: sothebys.com, artnews.com, artnet.com, artinvestment.ru