Art dealer
Encyclopedia
An art dealer is a person or company that buys and sells works of art. Art dealers' professional associations serve to set high standards for accreditation or membership and to support art exhibitions and shows.

Role

An art dealer typically seeks out various artist
Artist
An artist is a person engaged in one or more of any of a broad spectrum of activities related to creating art, practicing the arts and/or demonstrating an art. The common usage in both everyday speech and academic discourse is a practitioner in the visual arts only...

s to represent, and builds relationships with collectors and museum
Museum
A museum is an institution that cares for a collection of artifacts and other objects of scientific, artistic, cultural, or historical importance and makes them available for public viewing through exhibits that may be permanent or temporary. Most large museums are located in major cities...

s whose interests are likely to match the work of the represented artists. Some dealers are able to anticipate market trends
Market trends
A market trend is a putative tendency of a financial market to move in a particular direction over time. These trends are classified as secular for long time frames, primary for medium time frames, and secondary for short time frames...

, while some prominent dealers may be able to influence the taste of the market. Many dealers specialize in a particular style, period, or region. They often travel internationally, frequenting exhibitions
Art exhibition
Art exhibitions are traditionally the space in which art objects meet an audience. The exhibit is universally understood to be for some temporary period unless, as is rarely true, it is stated to be a "permanent exhibition". In American English, they may be called "exhibit", "exposition" or...

, auctions, and artists’ studio
Studio
A studio is an artist's or worker's workroom, or the catchall term for an artist and his or her employees who work within that studio. This can be for the purpose of architecture, painting, pottery , sculpture, scrapbooking, photography, graphic design, filmmaking, animation, radio or television...

s looking for good buys, little-known treasures, and exciting new works. When dealers buy works of art, they resell them either in their galleries or directly to collectors. Those who deal in contemporary art
Contemporary art
Contemporary art can be defined variously as art produced at this present point in time or art produced since World War II. The definition of the word contemporary would support the first view, but museums of contemporary art commonly define their collections as consisting of art produced...

 usually exhibit artists’ works in their galleries, and take a percentage of the price the works sell for.

Job requirements

Art dealers often study the history of art
History of art
The History of art refers to visual art which may be defined as any activity or product made by humans in a visual form for aesthetical or communicative purposes, expressing ideas, emotions or, in general, a worldview...

 before entering on their careers. Related careers that often cross-over include curator
Curator
A curator is a manager or overseer. Traditionally, a curator or keeper of a cultural heritage institution is a content specialist responsible for an institution's collections and involved with the interpretation of heritage material...

s from museums and art auction firms are industry-related careers. Art critic
Art critic
An art critic is a person who specializes in evaluating art. Their written critiques, or reviews, are published in newspapers, magazines, books and on web sites...

s or art academics also find success as art dealers.

Dealers have to understand the business side of the art world. They keep up with trends in the market and are knowledgeable about the style of art people want to buy. They figure out how much they should pay for a piece and then estimate the resale price. They are also often passionate and knowledgeable about art. Those who deal with contemporary art promote new artists, creating a market for the artists' works and securing financial success for themselves. The art world is subject to economic booms and bust just like any other market. Art dealers must be economically conscious in order to maintain their livelihoods. The mark ups of art work must be carefully monitored. If prices and profits are too large, then investments may be devalued should an overstock or economic downturn occur.

To determine an artwork’s value, dealers inspect the objects or paintings closely, and compare the fine details with similar pieces. Some dealers with many years of experience learn to identify unsigned works by examining stylistic features such as brush strokes, color, form. They recognize the styles of different periods and individual artists. Often art dealers are able to distinguish authentic works from forgeries (although even dealers are sometimes fooled).

Notable art dealers

  • Larry Gagosian
    Larry Gagosian
    Lawrence Gilbert "Larry" Gagosian is an American art dealer who owns the Gagosian Gallery chain of art galleries, with three locations in New York City Lawrence Gilbert "Larry" Gagosian (born April 19, 1945) is an American art dealer who owns the Gagosian Gallery chain of art galleries, with three...


Head of the multimillion dollar Gagosian Gallery
Gagosian Gallery
Gagosian Gallery is a contemporary art gallery owned and directed by Larry Gagosian. There are currently eleven gallery spaces: three in New York; two in London; one in each of Beverly Hills, Rome, Athens, Paris, Geneva, Hong Kong and Moscow.-1980s:...

 group.
  • Arne Glimcher
    Arne Glimcher
    Arnold "Arne" Glimcher is an American art dealer, film producer and director. He is the founder of The Pace Gallery and is widely known as one of the art world's most powerful dealers. Glimcher has also produced and directed several films, including The Mambo Kings and Just Cause.-Life and...


Glimcher is the founder of The Pace Gallery
Pace Gallery
The Pace Gallery is a New York City-based exhibition space. It was founded in 1960 in Boston by Arne Glimcher.-PaceWildenstein:From 1993 until April 1, 2010, the gallery became "PaceWildenstein," a joint business venture between the Pace Gallery and Wildenstein & Co....

 and is widely known as one of the art world's most powerful dealers. The Pace Gallery represents contemporary artists including Chuck Close
Chuck Close
Charles Thomas "Chuck" Close is an American painter and photographer who achieved fame as a photorealist, through his massive-scale portraits...

, Tara Donovan
Tara Donovan
Tara Donovan is an American artist who lives and works in Brooklyn, New York. She is known for site-specific installation art that utilizes everyday materials whose form is in keeping with generative art.-Biography:...

, David Hockney
David Hockney
David Hockney, CH, RA, is an English painter, draughtsman, printmaker, stage designer and photographer, who is based in Bridlington, Yorkshire and Kensington, London....

, Maya Lin
Maya Lin
Maya Ying Lin is an American artist who is known for her work in sculpture and landscape art. She is the designer of the Vietnam Veterans Memorial in Washington, D.C.-Personal life:...

 and Kiki Smith
Kiki Smith
Kiki Smith is an American artist classified as a feminist artist, a movement with beginnings in the twentieth century...

. It also represents the estates of several artists, including Pablo Picasso
Pablo Picasso
Pablo Diego José Francisco de Paula Juan Nepomuceno María de los Remedios Cipriano de la Santísima Trinidad Ruiz y Picasso known as Pablo Ruiz Picasso was a Spanish expatriate painter, sculptor, printmaker, ceramicist, and stage designer, one of the greatest and most influential artists of the...

, Agnes Martin
Agnes Martin
Agnes Bernice Martin was an American abstract painter, often referred to as a minimalist; Martin considered herself an abstract expressionist.She won a National Medal of Arts from the National Endowment for the Arts in 1998....

, Ad Reinhardt
Ad Reinhardt
Adolph Frederick Reinhardt was an Abstract painter active in New York beginning in the 1930s and continuing through the 1960s. He was a member of the American Abstract Artists and was a part of the movement centered around the Betty Parsons Gallery that became known as Abstract Expressionism...

, and Alexander Calder
Alexander Calder
Alexander Calder was an American sculptor and artist most famous for inventing mobile sculptures. In addition to mobile and stable sculpture, Alexander Calder also created paintings, lithographs, toys, tapestry, jewelry and household objects.-Childhood:Alexander "Sandy" Calder was born in Lawnton,...

. During his career he has worked closely with important artists including Jean Dubuffet
Jean Dubuffet
Jean Philippe Arthur Dubuffet was a French painter and sculptor. His idealistic approach to aesthetics embraced so called "low art" and eschewed traditional standards of beauty in favor of what he believed to be a more authentic and humanistic approach to image-making.-Life and work:Dubuffet was...

, Robert Rauschenberg
Robert Rauschenberg
Robert Rauschenberg was an American artist who came to prominence in the 1950s transition from Abstract Expressionism to Pop Art. Rauschenberg is well-known for his "Combines" of the 1950s, in which non-traditional materials and objects were employed in innovative combinations...

, Louise Nevelson, and Lucas Samaras
Lucas Samaras
Lucas Samaras , is an artist, born in Kastoria, Greece. He studied at Rutgers University on a scholarship, where he met Allan Kaprow and George Segal. While at Rutgers, he joined Gamma Sigma . He participated in Kaprow's "Happenings," and posed for Segal's plaster sculptures...

. In 2007, Glimcher received the Distinguished Alumni Award from the Massachusetts College of Art and Design.
  • Edith Halpert
    Edith Halpert
    Edith Halpert or Edith Gregor Halpert was a pioneering New York City dealer of Modern art. Halpert brought recognition and market success to many avant-garde American artists over her forty year career from 1926 through the 1960's...


Halpert was born in 1900 in Odessa
Odessa
Odessa or Odesa is the administrative center of the Odessa Oblast located in southern Ukraine. The city is a major seaport located on the northwest shore of the Black Sea and the fourth largest city in Ukraine with a population of 1,029,000 .The predecessor of Odessa, a small Tatar settlement,...

, arrived in the U.S. as a penniless Russian Jewish immigrant and grew to become a pioneering New York City art dealer, transforming the landscape of Modern art
Modern art
Modern art includes artistic works produced during the period extending roughly from the 1860s to the 1970s, and denotes the style and philosophy of the art produced during that era. The term is usually associated with art in which the traditions of the past have been thrown aside in a spirit of...

. Over her forty year career from 1926 through the 1960's, Halpert brought recognition and market success to many avant-garde
Avant-garde
Avant-garde means "advance guard" or "vanguard". The adjective form is used in English to refer to people or works that are experimental or innovative, particularly with respect to art, culture, and politics....

 American artists. Her establishment The Downtown Gallery, one of the first in Greenwich Village, introduced and showcased many modern art luminaries. Halpert died at age 70 a multimillionaire, with Sotheby's
Sotheby's
Sotheby's is the world's fourth oldest auction house in continuous operation.-History:The oldest auction house in operation is the Stockholms Auktionsverk founded in 1674, the second oldest is Göteborgs Auktionsverk founded in 1681 and third oldest being founded in 1731, all Swedish...

 crediting her with having put modernist painting auctions on the map. Its posthumous sale of her collection went for $3.6 million in 1973.
  • Klaus Perls
    Klaus Perls
    Klaus Gunther Perls was born in Berlin, Germany, where his parents were art dealers. He studied art history in Munich, but after the Nazis stopped granting degrees to Jews he moved to Basel, Switzerland and completed his studies...


Perls was born and raised in Berlin. He studied art history in Munich, but was forced to finish his education in Basel, Switzerland, as the Nazis were no longer allowing degrees for Jews. He ran Perls Galleries for over 60 years. His gallery dealt with contemporary American artists, modern works from the School of Paris
Paris
Paris is the capital and largest city in France, situated on the river Seine, in northern France, at the heart of the Île-de-France region...

 and Mexican and South American art. Perls also developed an interest in art from Benin and built a sizable collection. He was not only an art dealer, but also a donor as he contributed many significant works of art to the Metropolitan Museum of Art
Metropolitan Museum of Art
The Metropolitan Museum of Art is a renowned art museum in New York City. Its permanent collection contains more than two million works, divided into nineteen curatorial departments. The main building, located on the eastern edge of Central Park along Manhattan's Museum Mile, is one of the...

. He died June 2, 2008 in Mount Kisco, N.Y.
Mount Kisco, New York
Mount Kisco is a community that is both a village and a town in Westchester County, New York, United States. The Town of Mount Kisco is coterminous with the village. The population was 10,877 at the 2010 census.- History :...

 at age 96.
  • Martha Hopkins Struever
    Martha Hopkins Struever
    Martha Hopkins Struever is an American Indian art dealer and author, and is regarded as a leading scholar on historic and contemporary Pueblo Indian pottery and Pueblo and Navajo Indian jewelry.-Early life and education:...


Struever was born in 1931 in Milan, Indiana
Milan, Indiana
Milan is a town in Franklin and Washington townships, Ripley County, Indiana, United States. The population was 1,899 at the 2010 census.The town's name is pronounced differently from the English name for the Italian city of the same name....

. She attended the Tobé-Coburn School For Fashion Careers
Wood Tobe Coburn School
Wood Tobé-Coburn School is a small, for-profit private career college located in a building just south of Grand Central Station in New York, NY...

 in New York City, after obtaining her bachelor's of science degree from Purdue University
Purdue University
Purdue University, located in West Lafayette, Indiana, U.S., is the flagship university of the six-campus Purdue University system. Purdue was founded on May 6, 1869, as a land-grant university when the Indiana General Assembly, taking advantage of the Morrill Act, accepted a donation of land and...

 in Lafayette, Indiana
Lafayette, Indiana
Lafayette is a city in and the county seat of Tippecanoe County, Indiana, United States, northwest of Indianapolis. As of the 2010 census, the city had a total population of 67,140. West Lafayette, on the other side of the Wabash River, is home to Purdue University, which has a large impact on...

 in 1953. She began collecting and dealing in American Indian
Native Americans in the United States
Native Americans in the United States are the indigenous peoples in North America within the boundaries of the present-day continental United States, parts of Alaska, and the island state of Hawaii. They are composed of numerous, distinct tribes, states, and ethnic groups, many of which survive as...

 art in 1971, and is regarded as a leading scholar on historic and contemporary Pueblo Indian pottery and Pueblo
Pueblo
Pueblo is a term used to describe modern communities of Native Americans in the Southwestern United States of America. The first Spanish explorers of the Southwest used this term to describe the communities housed in apartment-like structures built of stone, adobe mud, and other local material...

 and Navajo
Navajo people
The Navajo of the Southwestern United States are the largest single federally recognized tribe of the United States of America. The Navajo Nation has 300,048 enrolled tribal members. The Navajo Nation constitutes an independent governmental body which manages the Navajo Indian reservation in the...

 Indian jewelry. She has authored books on Charles Loloma
Charles Loloma
Charles Loloma was an American artist of Hopi ancestry. He was born in Hopi Third Mesa to Rex and Rachael Loloma. He served in the military in 1941 to 1945, where he was stationed in the Aleutian Islands. Thanks to the GI Bill, Loloma was able to go the Alfred University in New York. In 1954 he...

, the foremost American Indian
Native Americans in the United States
Native Americans in the United States are the indigenous peoples in North America within the boundaries of the present-day continental United States, parts of Alaska, and the island state of Hawaii. They are composed of numerous, distinct tribes, states, and ethnic groups, many of which survive as...

 jeweler, and Dextra Quotskuyva
Dextra Quotskuyva
Dextra Quotskuyva is a Native American potter and artist. She is the great-granddaughter of the Tewa potter Nampeyo of Hano who revived Sikyátki style pottery on Hopi First Mesa...

, the pre-eminent contemporary Hopi
Hopi
The Hopi are a federally recognized tribe of indigenous Native American people, who primarily live on the Hopi Reservation in northeastern Arizona. The Hopi area according to the 2000 census has a population of 6,946 people. Their Hopi language is one of the 30 of the Uto-Aztecan language...

 potter, as well as exhibition catalogues on Hopi
Hopi
The Hopi are a federally recognized tribe of indigenous Native American people, who primarily live on the Hopi Reservation in northeastern Arizona. The Hopi area according to the 2000 census has a population of 6,946 people. Their Hopi language is one of the 30 of the Uto-Aztecan language...

 potter Iris Nampeyo and other Hopi
Hopi
The Hopi are a federally recognized tribe of indigenous Native American people, who primarily live on the Hopi Reservation in northeastern Arizona. The Hopi area according to the 2000 census has a population of 6,946 people. Their Hopi language is one of the 30 of the Uto-Aztecan language...

 art, and has guest curated museum shows in several cities.
  • Jacques Seligmann
    Jacques Seligmann
    Jacques Seligmann was a highly successful antiquarian and art dealer with businesses in both Paris and New York...


German-born Seligmann (1858–1923) moved to Paris in 1874 where he set up an antiquarian business in 1880. Benefitting from the interest of clients such as Edmond de Rothschild, he moved to the Place Vendôme
Place Vendôme
Place Vendôme is a square in the 1st arrondissement of Paris, France, located to the north of the Tuileries Gardens and east of the Église de la Madeleine. It is the starting point of the Rue de la Paix. Its regular architecture by Jules Hardouin-Mansart and pedimented screens canted across the...

 in 1900 and in 1904 opened an office in New York. In 1909, he acquired the Hôtel de Monaco in Paris where he was able to impress his more important clients such as the Russian Stroganoff family
Stroganovs
The Stroganovs or Strogonovs , also spelled in French manner as Stroganoffs, were a family of highly successful Russian merchants, industrialists, landowners, and statesmen of the 16th – 20th centuries who eventually earned nobility.-Origins:...

 and the high-flying British politician Sir Philip Sassoon. In New York, he developed interest in European art attracting collectors such as Benjamin Altman
Benjamin Altman
Benjamin Altman was born and died in New York City. He was the son of Bavarian Jews who emigrated to America in 1835 and opened a small store on Attorney Street in NYC....

, William Randolph Hearst
William Randolph Hearst
William Randolph Hearst was an American business magnate and leading newspaper publisher. Hearst entered the publishing business in 1887, after taking control of The San Francisco Examiner from his father...

 and J. P. Morgan
J. P. Morgan
John Pierpont Morgan was an American financier, banker and art collector who dominated corporate finance and industrial consolidation during his time. In 1892 Morgan arranged the merger of Edison General Electric and Thomson-Houston Electric Company to form General Electric...

. On his death, his son German Seligman continued to run to company.
  • John Weber

Weber was born in 1932 in Los Angeles
Los Ángeles
Los Ángeles is the capital of the province of Biobío, in the commune of the same name, in Region VIII , in the center-south of Chile. It is located between the Laja and Biobío rivers. The population is 123,445 inhabitants...

. He was a radio corpsman in the Navy
United States Navy
The United States Navy is the naval warfare service branch of the United States Armed Forces and one of the seven uniformed services of the United States. The U.S. Navy is the largest in the world; its battle fleet tonnage is greater than that of the next 13 largest navies combined. The U.S...

 during the Korean War
Korean War
The Korean War was a conventional war between South Korea, supported by the United Nations, and North Korea, supported by the People's Republic of China , with military material aid from the Soviet Union...

 before receiving a bachelor’s degree from Antioch College
Antioch College
Antioch College is a private, independent liberal arts college in Yellow Springs, Ohio, United States. It was the founder and the flagship institution of the six-campus Antioch University system. Founded in 1852 by the Christian Connection, the college began operating in 1853 with politician and...

 in Yellow Springs, Ohio
Yellow Springs, Ohio
Yellow Springs is a village in Greene County, Ohio, United States, and is the location of Antioch College and Antioch University Midwest. The population was 3,487 at the 2010 census...

 in 1958. As a contemporary art dealer, Weber was ahead of his time as he was one of the early promotors of Conceptual Art, Post-Minimalist sculpture and Italian Arte Povera. He was the director of several galleries throughout his career and helped organize shows that featured big names such as Robert Indiana, Richard Long and Andy Warhol. Weber died May 23, 2008 in Hudson, N.Y.
Hudson, New York
Hudson is a city located along the west border of Columbia County, New York, United States. The city is named after the adjacent Hudson River and ultimately after the explorer Henry Hudson.Hudson is the county seat of Columbia County...

 at age 75.

Professional organizations

  • Antique Tribal Art Dealers Association
    Antique Tribal Art Dealers Association
    The Antique Tribal Art Dealers Association , was founded in 1988, by a group of independent antique tribal art dealers to form a professional association of dealers that would provide education for the public and set standards for the trade...

    , Inc. (ATADA)http://www.atada.org/
  • Art Dealers Association of America (ADAA)http://www.artdealers.org/
  • Art and Antique Dealers League of America (AADLA)http://www.artantiquedealersleague.org/
  • Association of Art and Antiques Dealers (LAPADA)http://www.lapada.org/
  • British Art Market Federation (BAMF)
  • British Antique Dealers' Association (BADA)http://www.bada.org/
  • Confédération Internationale des Négociants en Oeuvres d'Art (CINOA)http://www.cinoa.org/
  • Fine Art Dealers Association
    Fine Art Dealers Association
    The Fine Art Dealers Association was founded in 1990 as a non-profit membership organization of respected and established art dealers from across the United States. Its members are dedicated to promoting and maintaining the highest degree of professionalism, scholarship and integrity in all...

     (FADA)http://www.fada.com/
  • Private Art Dealers Association (PADA)http://www.pada.net/
  • Society of London Art Dealers
    Society of London Art Dealers
    The Society of London Art Dealers is an organization founded in 1932 for the promotion of dealers of fine art and antiquities in London. It is a founder member of the British Art Market Federation and a member of the Confédération Internationale des Négociants en Oeuvres d'Art ....

     (SLAD)http://www.slad.org.uk/
  • The European Fine Art Foundation (TEFAF)http://www.tefaf.com/

See also

  • Appraiser
    Appraiser
    An appraiser , is one who sets a value upon property, real or personal. In England the business of an appraiser is usually combined with that of an auctioneer, while the word itself has a similar meaning to that of "valuer." In the United States, the most common usage relates to real estate...

  • Art finance
    Art finance
    Art finance and Art finance advisory are terms referring to a set of financial services provided by some auction houses, banks, and consulting firms, and marketed to such firms' clients who are art collectors or artists.-Generally:...

  • Art market
  • Art sale
    Art sale
    An art auction is the sale of art works, in most cases in an auction house.In England this dates from the latter part of the 17th century, when in most cases the names of the auctioneers were suppressed...

  • Art valuation
    Art valuation
    Art valuation, an art-specific subset of financial valuation, is the process of estimating the potential market value of works of art and as such is more of a financial rather than an aesthetic concern, however, subjective views of cultural value play a part as well...

  • Art world economics
  • Auction
    Auction
    An auction is a process of buying and selling goods or services by offering them up for bid, taking bids, and then selling the item to the highest bidder...

  • Blockage discount
    Blockage discount
    Blockage discount is an art-business-related and legal term of art for referring to the money discount assigned to a group of artworks by a single artist when that group of works is to be released to market as a group rather than individually...

  • Curator
    Curator
    A curator is a manager or overseer. Traditionally, a curator or keeper of a cultural heritage institution is a content specialist responsible for an institution's collections and involved with the interpretation of heritage material...

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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