The Powers That Be: Daily

Art Market Anxiety Disorder

5 snips
Jul 30, 2025
Marion Maneker, an expert in the fine art and collectibles market, joins Julia Alexander to assess the booming collectibles trend. They discuss the emotional pull of collectibles and how social media influences younger collectors. Diving into the latest earnings reports from major auction houses like Christie’s, Marion reassures that the art market's fundamentals remain strong despite worries. The conversation shifts to the changing dynamics of art trading, exploring the potential resurgence of traditional fine art amid shifting cultural interests.
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INSIGHT

Ownership Is Access to Experience

  • Ownership in art and collectibles is about access to experience, not just the commodity.
  • Collectibles create a unique connection to admired cultural or sports figures, enhancing personal significance.
INSIGHT

Grading Boosts Collectibles Market

  • Grading and authentication make collectibles easier to buy, sell, and trust.
  • This system accelerates market transactions just like the art world's provenance and valuation.
INSIGHT

Top-Tier Art Sales Slow Down

  • Art market sales decline mostly because fewer $10 million plus pieces are sold.
  • High interest rates and owners holding prized works off-market dampen the top-tier auction activity.
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