Saturday, October 9, 2010

About the art market



The art market
Hands up for Hirst
How the bad boy of Brit-Art grew rich at the expense of his investors


Do you think an art market should exist or not exist?

#My opinion
 While some people think that an art scene should connect to economic world, I think that an art scene should keep independence from economic world. There are two reasons for this: danger of lack of brand-new art and difficulty in collecting artworks.
 First, brand-new art has not been produced by artists if they know a trend of an art market. They tend to produce a product which is sold in expensive price in a market. For example, Vincent van Gogh was never accepted in an art market when he was alive. After he died, finally his artworks was accepted and praised in an art scene so eagerly. If he was admitted in an art scene in his youth, he might not produce such a fantastic and amazing artworks that we had had never seen before. His unlucky position in an art scene must inspire his ability to produce brand-new art. On the contrary, an artist who knows an art market profoundly has only produced artworks which a market will be welcome.
 Second, an art market prevents eager collectors who wants to buy from purchasing artworks because a market helps to raise price of artworks. Sometimes a price will be too high for ordinarily collectors. Therefore, artworks will not be brought to people who want to buy them for their collections not for their profits. In this article, it is said that Hirst’s works is treated as an investment. This tendency in an art market is not good for real collectors of artworks.
 In conclusion, I think an art market is not necessary for us because an art market will lessen an opportunity for artists to produce a brand-new product and a price of artworks itself will tend to be too high for real collectors.

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