It did well, proving all over again the truth of the adage that when the economy spirals down, the art world looks up.
Barely months into the lockdown, concerned conversations with artists began to turn into cyber celebrations. Even though they could no longer go to their studios to work, collectors were able to find their way with permits and vehicles to acquire works that soon emptied out their stocks. Canvases that had piled up over the years vanished in a matter of months. The buyers were individuals, not institutions, and they came in every shape and garb —professional collectors, first-time buyers, seasoned, middle-aged, young, male and female, professional and entrepreneur.
IT WAS NOT PANIC selling— the artists did not need to drop their prices, the demand was so high. The buzz on cyber streets was that they were charging a premium.
Diese Geschichte stammt aus der September 2021-Ausgabe von Fortune India.
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Diese Geschichte stammt aus der September 2021-Ausgabe von Fortune India.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden