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The End of Art Galleries

Highbrow

Why face the dealer when you can buy online?

cheats/2008/10/16/the-end-of-art-galleries/art_iixjgf

A note to the nouveau riche: "Art is the new gold." In a world of incomprehensible financial markets, Annie Deakin writes in a smart article in The Independent, art is "reassuringly tangible" and "the only safe bet for investors right now." Online art sales now give the uninitiated access to a market they may have previously feared because of the intimidation and judgment of gallery snobs. "Blogging, a wider market, competitive pricing and the stock market crash is fuelling the cyberspace art revolution," Deakin writes. "For infinity and beyond, art will be worth something—which is more than can be said about a Lehman share."

Read it at The Independent