A Quote by Ronald Coase

Despite all the efforts of art dealers, the number of Rembrandts existing at a given time is limited; yet such paintings are commonly disposed of by auction. — © Ronald Coase
Despite all the efforts of art dealers, the number of Rembrandts existing at a given time is limited; yet such paintings are commonly disposed of by auction.
I think what happened in the last 10 or 15 years in the art market is that all the players - and that includes artists, dealers, art advisors, everyone - basically became dealers. We've had old-school collectors morph into speculators, flipping works. We've seen auction houses buying works directly from artists or from sleazy middlemen. The last step before the crash was the artists themselves supplying the auction houses. Dealing themselves, you know? The art world is as unregulated as any financial market there is.
Hard information on the quantity of bogus art sold is difficult to come by, in part because fraud, when discovered by dealers and auction houses, is usually kept secret to boost public confidence in the art market.
I am not opposed to the art market. I have lots of friends who are collectors. But the whole idea of the art market is complex. Sadly we have a situation where auction houses and secondary market dealers are creating a lot of confusion and unnecessary pollution.
It's phenomenal the kind of support Donald Trump has, despite the best efforts to suppress it, and those efforts are being made, I think it's profound, the number of people.
Despite my extremely modest prices, dealers and art lovers are turning their backs on me. It is very depressing to see the lack of interest shown in an art object which has no market value.
Politics is about the control of a limited number of resources by a limited number of people who think that number is too many
One of the questions that I hear over and over and over is, 'What do we do with all these paintings we do on television?' Most of these paintings are donated to PBS stations across the country. They auction them off, and they make a happy buck with 'em.
In the studio, it took me a long time to work out how to make paintings that had the intensity that I was able to create by painting whole rooms. There is a very limited number of colours but there are many variations. I decided to use the purest palette that I could.
Jeffrey Deitch is the Jeff Koons of art dealers. Not because he's the biggest, best, or the richest of his kind. But because in some ways he's the weirdest (which is saying a lot when you're talking about the wonderful, wicked, lovable, and annoying creatures known as art dealers).
What do the few existing mystics still do? -- They more or less mold the raw chaos of already existing religion. But only in an isolated, insignificant manner, through feeble attempts. Do it in a grand manner from all aspects with unified efforts, and let us awaken all religions from their graves, newly revivify and form the immortal ones through the omnipotence of art and science.
Western governments ... will lose the war against dealers unless efforts are switched to prevention and therapy... All penalties for drug users should be dropped ... Making drug abuse a crime is useless and even dangerous ... Every year we seize more and more drugs and arrest more and more dealers but at the same time the quantity available in our countries still increases... Police are losing the drug battle worldwide.
Police departments are under enormous political pressure to hire based on race, despite existing efforts to recruit minorities, on the theory that doing so will decrease police shootings of minorities.
Despite its widespread acceptance and the number of lives it has improved, what most of us in the West commonly associate with yoga represents only the tip of the iceberg that is yoga, a tiny fraction of what is a vast and profound science.
One nonabsolute number is the given time of arrival, which is now known to be one of the most bizarre of mathematical concepts, a number whose existence can only be defined as being anything other than itself. In other words, the given time of arrival is the one moment of time at which it is impossible that any member of the party will arrive.
I hate when dealers talk to me. I love dealers - they're some of our favorite people in the art world. But I hate if they do a sales pitch on me. I can't stand it.
I am very generous with my dealers in terms of the art that they have of mine. They all have a very good selection of work that they can work with. And it is up to them to find the dealers. I don't interfere with their selling.
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