Palestinian Art - Art Market

Art Market

In 2009, Steve Sabella researched the value of Palestinian art from a fiscal point of view as part of his master thesis at Sotheby's Institute of Art in London. He analysed how Palestinian artists needed to get connected with cultural institutions and influential curators to achieve international recognition and art market success outside of Palestine. They became the mediators and the connecting link between the artists and the outside world.

According to the New York Times, collectors are reaching out for Palestian art because prices are still comparably low ranging from 500 to 10 000 Dollar. Yair Rothman, an Irsaeli art entrepreneur, is quoted that "prices have already tripled in the last three, four years, but there is still room for an increase."

Read more about this topic:  Palestinian Art

Famous quotes containing the words art and/or market:

    Einstein is not ... merely an artist in his moments of leisure and play, as a great statesman may play golf or a great soldier grow orchids. He retains the same attitude in the whole of his work. He traces science to its roots in emotion, which is exactly where art is also rooted.
    Havelock Ellis (1859–1939)

    When General Motors has to go to the bathroom ten times a day, the whole country’s ready to let go. You heard of that market crash in ‘29? I predicted that.... I was nursing a director of General Motors. Kidney ailment, they said; nerves, I said. Then I asked myself, “What’s General Motors got to be nervous about?” “Overproduction,” I says. “Collapse.”
    John Michael Hayes (b. 1919)