How the art market will emerge in 2021
The pandemic has caused major shifts in the art market, galleries closed, art fairs postponed, visitors no longer travel and auction houses forced to move online. Despite the worst expectations, a more transparent art world and a younger collector base are emerging. Individuality and choice overtakes the much hyped up and overly commercialized pre-lockdown nonsense.
Empty streets, shut down galleries, echoing showrooms and annual art fairs indefinitely put on hold. A stark reality that triggered the same question in the minds of most curators and auctioneers: so what now?