Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

Marianne Boesky’s Shades of Gray

February 16, 2014 by Marion Maneker

Marianne+Boesky+American+Express+Publishing+bXSfK_NkIlIl

Alexandra Wolfe profiles Marianne Boesky in The Wall Street Journal and it ends with a remarkable statement. In its truncated form, the quote is hard to fully parse. The key word would seem to be “enlist:”

[G]roups of speculators can buy a large amount of work by a particular artist, put the pieces up for sale at auction and then enlist their friends to bid up the prices. If the works sell well, the speculators can reap tidy profits. “You can call that collusion, but it’s not illegal, and I don’t even know if it’s unethical,” she says. She admits there is a fine line. “You could compare it to insider trading in that…all the little people who don’t get access get hurt by losing opportunity,” she says, “but it’s all very gray.”

Marianne Boesky: In Search of Art Stars (WSJ)

More from Art Market Monitor

  • Old Claims of Van Gogh Forgeries Provoke DenialsOld Claims of Van Gogh Forgeries Provoke Denials
  • Sotheby's Stock Continues to ClimbSotheby's Stock Continues to Climb
  • Frida's Second ComingFrida's Second Coming
  • The Quest for Undervalued Artists Turns Toward FrankenthalerThe Quest for Undervalued Artists Turns Toward Frankenthaler
  • Ropac ReceptionRopac Reception
  • Wright Sells 99% of Irving Harper Lots for $1.2mWright Sells 99% of Irving Harper Lots for $1.2m

Filed Under: Dealers

About Marion Maneker

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

Top Posts

  • Keith Haring’s 1989 Retrospect Comes to Sotheby’s London Prints Sale
  • Tony Podesta's Secret Art Buying
  • Four of Picasso's Women Valued at $28m Come to Christie's from Rose-Walters Collection
  • Norman Rockwell's Not Gay. But Is He a Great Artist?
  • $10 M. Picasso Portrait Unseen for Decades to Sell at Bonhams
  • The Billion-Dollar NYC Apartment of Ben Heller
  • How to Chant Like an Auctioneer
  • David Bowie Talks About Art (with Julian Schnabel)
  • Mapping a Career in the Art World
  • Breaking Views: Art Doesn't Hedge Inflation
  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor