{"id":4865,"date":"2014-02-11T18:18:16","date_gmt":"2014-02-11T17:18:16","guid":{"rendered":"http:\/\/www.conceptualfinearts.com\/cfa\/?p=4865"},"modified":"2020-11-25T14:02:22","modified_gmt":"2020-11-25T13:02:22","slug":"would-you-buy-a-bond-from-an-art-critic","status":"publish","type":"post","link":"https:\/\/www.conceptualfinearts.com\/cfa\/2014\/02\/11\/would-you-buy-a-bond-from-an-art-critic\/","title":{"rendered":"Would you buy a bond from an art critic?"},"content":{"rendered":"<div id=\"attachment_4866\" class=\"wp-caption aligncenter\" ><a href=\"http:\/\/www.conceptualfinearts.com\/cfa\/CFA-content\/uploads\/2014\/02\/120.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-4866\" alt=\"Dan Rees, Artex Painting, 2011. Estimate \u00a310,000 - 15,000 Sold For \u00a340,000\" src=\"http:\/\/www.conceptualfinearts.com\/cfa\/CFA-content\/uploads\/2014\/02\/120.jpg\" width=\"2316\" height=\"3231\"><\/a><p class=\"wp-caption-text\">Dan Rees, Artex Painting, 2011.<br \/>Estimate \u00a310,000 &#8211; 15,000<br \/>Sold For \u00a340,000<\/p><\/div>\n<p>The <a href=\"http:\/\/www.phillips.com\/auctions\/auction\/UK010214\" target=\"_blank\" rel=\"noopener noreferrer\">Contemporary Art day sale at Phillips<\/a> has just&nbsp;finished a few minutes ago, and the market&#8217;s traders are already&nbsp;at work on the secondary market, offering to collectors, or to other traders, the few names we already know: Ostrowski, Murillo, Smith, Falls, and some others soon expected to pop up on auction. That is a good thing, we are always happy when paper is turned into an artwork. Nevertheless, we would like to&nbsp;point out again that art is different from&nbsp;finance as,&nbsp;for example, finance is different from&nbsp;real estate.<\/p>\n<p>&nbsp;<\/p>\n<p>Therefore, as it would be a mistake confusing a bond with a flat, so&nbsp;it would also&nbsp;be a mistake&nbsp;to&nbsp;use mathematical models or others presumed scientific parameters, to decide who is to buy and who to sell. The art system has its own way to produce, organize, and read information. It is always boring, and probably even&nbsp;damaging, to&nbsp;end&nbsp;up talking&nbsp;about art only in terms of&nbsp;economics, as any&nbsp;good art dealer&nbsp;would certainly tell you.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Contemporary Art day sale at Phillips has just&nbsp;finished a few minutes ago, and the market&#8217;s traders are already&nbsp;at work on the secondary market, offering to collectors, or to other [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1796],"tags":[1618],"class_list":["post-4865","post","type-post","status-publish","format-standard","hentry","category-mapping-the-artscape","tag-dan-rees"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.conceptualfinearts.com\/cfa\/wp-json\/wp\/v2\/posts\/4865","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conceptualfinearts.com\/cfa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conceptualfinearts.com\/cfa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conceptualfinearts.com\/cfa\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conceptualfinearts.com\/cfa\/wp-json\/wp\/v2\/comments?post=4865"}],"version-history":[{"count":0,"href":"https:\/\/www.conceptualfinearts.com\/cfa\/wp-json\/wp\/v2\/posts\/4865\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.conceptualfinearts.com\/cfa\/wp-json\/wp\/v2\/media?parent=4865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conceptualfinearts.com\/cfa\/wp-json\/wp\/v2\/categories?post=4865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conceptualfinearts.com\/cfa\/wp-json\/wp\/v2\/tags?post=4865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}