The auction video
Art Market | The January 2014 Art Video sale organised by Wapler study, the first of its kind, brought together as diverse pieces as multimedia documents, historic works, works from young artists and a « capsule » piece from Fred Forest, playing on the behaviour of the buyer.
Of a catalogue of 159 pieces, 48 were snapped up : hammer price turnover of 46,680 euros for a low-end estimation of 500,000. For the main market, the video medium dœs not affect the prices which are based on the artist’s reputation. It is key to the approach of militant collectors such as Isabelle and Jean-Conrad Lemaître who have built an exclusively video-based collection. The second market, on the other hand, brings other recurrent issues into the balance such as reproducibility, obsolescence of media and the cost of maintaining the media and ensuring they are in line with standards. This initial move towards the second market will no doubt be the first of many. To be continued...
Publié le 26/02/2014
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