The Art Newspaper calls guarantees the next big art market scandal; Philbrick's guarantee math; Is guarantee use a market tell that we've peaked?; Amy Cappellazzo defends the art market; Cosby sells Thomas Hart Benton
It’s All But Guaranteed
If you’re looking for something interesting to read about the use of guarantees in the auction market, skip the first half of The Art Newspaper’s story and read the points made by Nick Maclean and Adam Chinn.
The quotes up top about guarantees being conflicts of interest or inflating prices are presented wholly without evidence. T…