Garbling Guarantees
Does it matter that women artists are guaranteed far less than men? Maezawa sells some low value works; David Martinez sells some higher value ones; Sotheby's wrangles Bouguereau into its HQ..
Is 47% of Next Week’s Sale Guaranteed?
The Financial Times picks up on a report from Arttactic that examines the guarantees in major sales over the last four years from 2015 to 2018. The report says that nearly half of the value of next week’s Contemporary Evening sales or $361m has been guaranteed. According to Arttactic, this is up from 39% in in 2016 …