Scott Reyburn got these interesting quotes while previewing TEFAF for Bloomberg where 263 dealers will show $2.7B in art. Tomorrow the preview begins:
- “If you’re going to do one fair, Maastricht has to be it,” Jean-Luc Baroni, a London-based Old Master pictures dealer, said in an interview. “Though some collectors only buy at auction, it’s an event where dealers see a lot of clients and do sell. It gives us a chance against the auction houses.”
- “The high auction prices are good news for the market as a whole, but it’s scary for dealers,” said Dominique Levy, director of the New York-based modern and contemporary art specialists L & M. “In the six months after the fall of Lehman Brothers we had phenomenal access to private works.”
$2.7 Billion Dutch Fair Lures Collectors as Confidence Rises (Bloomberg)
