why would you measure the value of something by people that basically neither have an interest nor they have knowledge about the object? It would simply be their taste that becomes the key factor - and taste is so replaceable, influenced by its time and not a base for critique etc..I think there's a reason why people know Tracey Emin. She spent 7 years at university printing and painting you know...I wonder how people don't take those facts in consideration.
How do you know they tell the presenter beforehand.........and if so, why not leave it in the edit or better still have the bids sealed in an envelope to really confirm the fact?
As of 2018 and at any decent art auction, this mono-print is worth at least what the top offer was (£12k) and one wonders why Paul Emin didn't just take it to an auction? Also, when they first see the item and all crowd round it, why don't they seal their bids in envelopes and place them next to it, one on each corner of the plinth. This would make it much more interesting when the person eventually finds out whether they took the right offer or, as in this case, should have held out for another dealer's better offer. I mean, anyone can say, as in this case, "I'd have given you between 12 and 13 thousand" but where's the proof!?
Hi, old comment I see but that’s how dealers work, completely flexibly and unpredictably to get the best deal, same with the art world, they will charge more depending on who they are selling to, essentially making it up as they go! I agree with what you say that would’ve been a fairer way of doing things for sure.
These art dealer exposed their stupidity too much by thinking that piece is splendid and by offering good amount of money on a piece of junk. It is a shame in the art world. I don't know what to say about these people anymore.
The dealers should have written down their initial top bid on a piece of paper before they negotiate or get visited, can't help feeling Jeff, a bit niggled having not had a chance to bid, added an extra zero on his top price just to put the needle in, haha.
'We know where the wind is blowing, Money is the stuff we smell'. The real disgrace lays with the Art establishment and they've laid themselves bare. There are no rules.
I cannot get over the fact, that it is still not known how art - market - worth is NOT based on " How well - you-can draw". Not even in the high spheres of 120 IQ - degrees ! :)
