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Polsky's Points

July 23, 2009 by Marion Maneker

Richard Polsky has issued his “Nine Ways to Lose Money in the Art Market” on artnet.com. Here’s a summary:

  1. Buy a Mediocre Painting Instead of a Great Print
  2. Let the Auction Houses Talk Down Your Reserve
  3. Accept a Mere 10% Discount from a Gallery
  4. Buy with Your Ears
  5. Buy an Atypical Work
  6. Buy a Work from a Blue-Chip Gallery without Being Properly Introduced
  7. Buy a Work by an Artist Wh0’s “In Play”
  8. Buy a Work Right After an Artist Has Died
  9. Buy Works of Unusually Large Scale

To get the

Nine Ways to Lose Money in the Art Market (Artnet.com)

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Filed Under: General

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