The New York Times recently reported that gallery owners and collectors alike are recognizing the link between the art market and museum exhibitions. According to one art consultant: “A museum show can be very influential for an artist. It changes the price point, the popularity, the awareness a person has for an artist.”
For current owners, loaning artworks to a museum may increase its value, but is not without its risks—including potential damage, seizure and insurance issues. And, for those looking to collect, buying artworks based solely on the fact that it has been exhibited in a museum may too just be a gamble.
Read the full story here.