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#114 — A Deep Dive into The Art World — Todd Kramer

Magic Minds

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Is Your Artist's Career on the Ice for Several Years?

The only public comps that the market place has are auctions. Traditionally, the deal of the gallery is the artist and gallery split it to sale 50 50. So really, in this example of of 100 thousand dollar painting going for a million, the artists only got paid 50000. Mary: Do you have to spend time explaining that to artists, emerging artists? The disparity is really wise, especially they've been building their enstogram channel for nine years.

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