Introduction

Christina Chaplin

Dalanda Jalloh

Charles Saunders

Lipei Yu

H Hunt Bradley III

Daniel Chazen

Assignment #1.

Money, power, and people using each other to get what they want are the first words that come to mind in defining the art market.  Artists know that their work can have value and that there are customers willing to pay for it.   The money is as important to the artist as it is to the customer; it is what fuels the relationship between the two.  For example, while Mrs. Cavalcanti in the Downtown 81 film may have a physical attraction to Basquiat, the money is what moves their relationship.  As much as Basquiat may be a talented artist and as much as Mrs. Cavalcanti may be seducing him and interested in his work, the money is the key to the art market transaction in which they engage on the couch in her apartment.  And I think they both know that money is essential to the deal, but go through their encounter without talking much about it as that would kind of detract from him being an artist and her status as a rich person.

Power is probably as important as money in defining the art market.  The artists have the goods that are in demand.  And they can use their product, which gives them power, to secure what they want.  As depicted in the film Basquiat, an artist can use his art to "trade."  Warhol tells Basquiat he should not be giving "away" his work.  Warhol's relationship with Basquiat is a good example of how power defines the art market.  Warhol befriends Basquiat for his artistic ability, while Basquiat seems to befriend Warhol for his fame.  They each use their own power to get more power.

Kwame Nana-Atoo

Assignment 1

To most people the art market is the selling and buying of artworks., but what comes in mind is the process of getting there- the hows, where, and when to make the connections, reactions, communications and interactions when you meet people and when to know when the time is right to act i.e. if there is even such a thing as the right time or its just chance. Interesting enough, most art schools have turned a blind eye on informing art students about what happens in the art market, making it almost seem like a taboo to talk about. From the videos my first impression about the art market was being patient, continual working, and having a unique but consistent style so that your work will be easily recognizable by other artists and art collectors/buyers.

Also it is very important to be prepared to accept the many critiques that are written about you when you start becoming known.good and the bad.  Always be prepared to have something to sell and when you sell, sell big. I think that as emerging artist we are always confronted with how much to sell our works- and we worry that people will not buy when its high, but I learnt something very critical in the videos"it is not how much you work on something that matters, its how much you get for them"... Art market for you.

Joo Shin

McKenzie Sullivan

Elena Cestero

Kelly Zona