Blue chip art is proven to be one of the best investments I both boon times and times of recession, as shown by the Mei Moses Fine Art Index.Plus, in modern history recessions and depressions have also proven to be fabulous opportunities for art investors to discover new, emerging artists who become the blue chip artists from that time period. The secret is to know what exactly to look for and buy.Read More
Will Bloomberg’s and Obama’s plans to increase taxes for people above the middle-middle class result some galleries, artists and collectors moving to other countries? Will there be repercussions of Obama’s election on the art market, especially in America? Can the USA and NYC retain its place at the center of the art world?Read More
Art museum blockbuster hits are now as common as other venues that sell tickets, such as film concerts and theatre. Ticket sales define the blockbuster’s success.
Blockbuster museum shows are a recent development, considering the length of the history of art. It all began in 1976 when the King Tut exhibit drew more than 8 million people to The Metropolitan Museum of Art. Thomas Hoving, the Met’s museum director at the time, is credited for this innovation. Hoving publicly says that “It’s not true “I stole the idea from the Europeans. But I’ll say it was my idea.”
Thomas Hoving has a special knack for recognizing a good thing, especially when it comes to art. He continued launching blockbuster style shows and changed art museums forever.Read More