secondary art market – MATTHEWS GALLERY BLOG

Seats are filling up for our free COLLECTOR’S FORUM workshops, which begin next Friday as part of the Santa Fe Gallery Association’s Art Matters lecture series. The events have already given us the opportunity to connect with art lovers of all stripes. As the news spreads from person to person, a network is forming with links to local art legends like Alfred Morang and Fremont Ellis.

Gertrude Stein with Pablo Picasso’s famous portrait of her

That’s why this lovely friendship map of Parisian modern artists and patrons from the early 20th century caught our eye on Twitter the other day. Celebrated salonniere Gertrude Stein is the spider at the center of the web, of course, with Pablo Picasso and Henri Matisse and Joseph Stella and Henri-Pierre Roche entangled around her. Mabel Dodge and Marsden Hartley appear too, and their later New Mexico adventures tie this famous circle directly to our own rich cultural history. Forget six degrees of separation, we’re down to one!

The art world is beautifully interconnected, but that doesn’t mean it has to be exclusive. Our workshops are designed for anyone who’s ever considered dipping a toe into the art market, whether you have a full array of masterpieces or a virtual wish list of art treasures on Tumblr. We’ll cover every angle of the art business, including:

How the price of artwork is determined
How the primary art market differs from the secondary market
The importance of provenance
When conservation should be considered for an artwork and what is involved
How to insure your artwork
How to receive an accurate art appraisal
How to negotiate the purchase of art
The best strategies for buying or selling art at auction

The workshops will feature fascinating behind-the-scenes stories from our gallery, and tales of tricky art conservation projects from special guest Matt Horowitz. Shoot us an email to reserve your seat and become a link in the long chain of art connoisseurs, from the City of Light to the City Different!

Learn more about COLLECTOR’S FORUM on our exhibition page, and connect with us on Facebook and Twitter for daily gallery news.

The world’s oldest auction house opened in Stockholm, Sweden in 1674. Art auctions in Great Britain gained popularity a few decades later when the Earl of Oxford’s collection appeared on the block in 1742. That particular sale featured the full range of odd and valuable items you might find in a dusty old castle, from a bust of an unknown bishop (five shillings) to a series of van Dyck paintings (165 guineas).

The beat of the auction mallet has marked the rhythm of the secondary market ever since. It’s a tradition that’s full of strange pageantry and heart pumping excitement. Auction kingpins Christie’s and Sotheby’s, which were both founded in mid-18th century England, often draw the ire of art world players for their tightly controlled sales. “They know exactly how many people will be bidding on a work and exactly who they are,” wrote art critic Jerry Saltz in 2012 after a version of Edvard Munch’s The Scream sold at Sotheby’s for $119.5 million. “In a gallery, works of art need only one person who wants to pay for them.”

Online auctions have meanwhile been swiftly democratizing the centuries-old process, and that’s where the Matthews Gallery decided to jump in. We launched the EUROPEAN MASTERS, AMERICAN AND SOUTHWESTERN ART AUCTION on July 25 and it runs through July 29. Come browse our virtual auktionsverk of art and, if you’re inspired, make a bid. You’ll find art by European modernists such as Pablo Picasso and Joan Miro, Southwestern legends including Emil Bisttram and Alfred Morang, and notable contemporary artists like Jamie Chase, Eric G. Thompson and Kate Rivers among the lots. Here are some notable pieces from the catalogue:

EUROPEAN MASTERS

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Click to see the works on our auction site:

HISTORIC SOUTHWESTERN ART

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Click to see the works on our auction site:

Untitled (Landscape #1), Emil Bisttram
Untitled (Landscape #2), Emil Bisttram
Untitled (Landscape #3), Emil Bisttram
Untitled (Santa Fe Landscape), Alfred Morang
Riders at Sundown, Gene Kloss
Return of the Wood Gatherers, Gene Kloss

CONTEMPORARY ART

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See more lots from the auction here, and connect with us on Facebook, Twitter and Pinterest for auction updates all week!