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How many collectors does it take to have very successful gallery? 10

September 8, 2015 by Marion Maneker

Nate Lowman, Black Escalade ($350-450k) $665k
Nate Lowman, Black Escalade ($350-450k) $665k

From Magnus Resch’s study of art galleries, we learned that most dealers make very little money. Yet the ones that do may only need a handful of clients to pay the bills … and then some.

James Tarmy got this from Michele Maccarone:

Maccarone estimates that currently her gallery has about 10 hyper-involved collectors, an additional 40 to 50 occasional clients, and then 100 or so buyers “who buy something once,” she says. “That might sound small, but what I do is very specific. How much of this very expensive thing can someone buy?”

Meet the Art Dealer to Billionaires Who’s Making Collecting Cool Again (Bloomberg)

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