Georgina Adam interviews Iwan Wirth in the Financial Times on the occasion of his new gallery opening in London:
During the downturn, art galleries were getting the upper hand as vendors became more hesitant to risk their works of art at auction and were more likely to sell them through dealers. I ask Wirth if the recent huge prices change this. “I’m afraid the Giacometti price will tip the balance back again in favour of the auction houses,” he says. “We had a buyer’s market, but it didn’t feel like a buyer’s market any more at Sotheby’s sale,” he says. Continue Reading