Olympic Museum’s Post

As art does not generate any cash flow, its value is solely determined by demand and supply. One important aspect affecting demand is an artwork’s provenance. Having been part of a high-profile collection oftentimes has a positive impact on an artwork’s demand and therefore price. The De La Cruz collection that is going to auction now is a good example. Will these paintings trade at a premium due to their strong provenance? We will know soon… #diversification #alternativeassets #artinvestment #artinvesting

I grew up getting strange comments from older family members who would liken my body to that of Saartjie Baartman. And not the simple appearance of it, but the object of her body, almost to ridicule that shape- the shape of African women.  The story of Saartjie Baartman is tragic not only because of the extent of her exploitation and objectification, but that these exploitative dehumanizing colonial perspectives on African subjectivity have found continuity into the 20th and 21st centuries. My research on photographic archives has been a pathway to a deeper interrogation of these subjectivities. From the advent of the photographic medium in Africa, to it's pervasion as an ethnographic tool, and then a means of highlighting the spectacular violence that African and other oppressed peoples have been subjected to, photography has played a significant role in showing us how these dehumanizing gazes have been formalized.  This article is such a necessary historical refresher. It is also a much welcome resuscitation of our collective outrage towards what Saartjie Baartman was subjected to. We should never ever forget what she was subjected to. This outrage is what opens our eyes up to the dangers of curating, exhibiting, writing, documenting with no apathy or critical thought.  There's a nuance to how the article reflects on Saartjie's supposed agency (or lack thereof) in her enslavement and exploitation. I hope to think and write about these nuances one day. I mean, what do we do with those supposed moments of defiance? What do we do with the ambiguities of consent in colonial contexts?  The work we do in cultural institutions, as both knowledge production and cultural expression, will always be tethered to these tragic colonial histories. The ambiguities and silences inherent in what was written by White scholars is perhaps exactly where we should be starting our work. To reflect on them is to continually remind ourselves of how diligent we need to be in restoring our collective dignity.  Awesome read. Cudos to the writers.

Introducing this project on an Arrernte sacred site (Women’s Site) in the heart of Central Australia (Alice Springs) is a direct insult to the Mparntwe Traditional Custodians. While we acknowledge the perspectives of those who view tourism and commercial interests as beneficial, prioritising these over a site of profound spiritual significance, which has been sacred to the Arrernte people for thousands of years, is deeply troubling. Once again, we are witnessing the disregard of a culturally significant site in favour of external gains, undermining the preservation of an ancestral heritage that has shaped this land for millennia. This issue transcends economic interests; it is about safeguarding the heritage of the world’s oldest living culture for future generations. Is this a new movement by Indigenous interests that places commercial opportunities and gains above our cultural rights as the First Peoples of this nation? Traditional Custodian.

Our latest article delves into essential information artists need to know when closing exhibition deals. Discover valuable insights to help you navigate the process successfully. Read the full article here: https://lnkd.in/de-kQryF #ArtExhibition #Artists #LegalAdvice

Run, don't walk, to get your subscription to The Walrus This particular article is revealing about how far we're willing to go to support #indigenous peoples in #leadership.

What a gorgeous painting Brian! In your Visual Art and our music together, your sense of the 'narrative' of life, the stories, social commentary and recognition of beauty in the apparently ordinary, fleeting moments of the everyday is always evident. As in this painting, you successfully imbue your work with empathy, poignancy, and atmosphere. https://lnkd.in/eSasgZiR

In my article from earlier this month, Mega Galleries: Cultural Production Beyond the Bottom Line, I showed how the four leading commercial galleries are making a cultural impact which rivals the top museums. In my latest piece for MutualArt, I look at the roster expansion of the mega galleries and analyze the market impact on emerging artists. For art investors, there is perhaps no better scenario than to spot and acquire the works of talented artists prior to achieving mega gallery representation. Read the full article here, and you will see why: https://lnkd.in/gY_8SiDR #artmarket Image: Stanley Whitney, Forward to Black, 1996, oil on canvas

Navigating the Art Market: Tips for First-Time Art Collectors Navigating the currents of galleries, auctions, and exhibitions in the vast ocean of the art world can seem daunting, especially for those dipping their toes into the waters of art collection for the first time. But amidst the complexity lies a treasure trove of beauty awaiting discovery. So, for the first-timers or other neophyte art collectors out there, here are five tips to help you navigate the art market with confidence and finesse. #hugomason #artcollecting #originalart #emergingartists #artnews Read the complete article —> https://lnkd.in/gsPZ-V6N

The current market for African contemporary art Exchanges involving African art have slowed in line with the general slowdown of the global art market, but the galleries, dealers and organizations that encourage and promote African art are actively pursuing their ambitions to structure the offer and establish a strong presence for African and/or black artists in the global market. After a tumultuous 2023 marked by conflicts in Ukraine, Palestine and elsewhere, the art market has continued running at a slow pace in 2024. Auction sales have seen a significant decline, with almost half the number of 7-digit results (-45%) compared with Q1 2023, leading /.../ READ MORE: https://lnkd.in/eFUzq-dA Article Artprice by Artmarket published in our partner Diptyk Magazine Image from shutterstock.com #artmarket #artprice #auctions #artworks #auctionfineart #artworks #artcollectors #artinvestment #markettrends #auctionhouses #FineArt #lots #auctioneers #Africancontemporaryart #Africanart #contemporaryart #blackartists

The updated 28th Art Market annual report has been released (January 1 to December 31, 2023), showcasing a new record number of artworks sold at auction. The USA emerges as the biggest national marketplace, while female artists exhibit spectacular growth. Dive into the insights of the report here: https://bit.ly/49ZWTQk #SVNCapital #ArtInvestment #ArtMarket #Insights