The Contemporary Art Market In The 21st Century

The contemporary art market in the 21st century

This monographic article investigation was prosecuted for the subject “The contemporary art market in the 21st century“ we will analyze the economy of the story that transcends from this past to the present, the art composed of a group of artists based on the trade of the trade of theart and, undergoing public acceptance.

In the first place, a study of the idea of the fundamental art market will be carried out, we will develop a brief analysis on the topic discussed the trade of contemporary art, artistically and the functions that the market fulfills in the auctioneers and collectors of contemporary art, later, the idea of Avelina is analyzed a criticism of art its thought national market that allows collecting the changes in the contemporary style market and its idea of art fraud in society, accompanied by junk art without study produced by pamperingMenitors.

We will analyze the characteristics of the negotiation in some countries with the greatest demand for contemporary art and the people who play the role of auctioneers and collectors taking as an end point the reflection the importance of art you dare of the history that occurred in different stages of the years of the years of the years.

Introduction

During the last years within the contemporary art market, a business role, resembling or the acceptance of the public and ah since the artist losing in some aesthetics. In his works.

The problem that arises in the contemporary art market is the businesses between the collector and the auction houses, we know that art reflects and seeks to manifest from the interior in a work the established places are in art galleries and auction housesThey have certain experts to authenticate the works.

Of the same critics of today also involve the ideas of contemporary art and it is important to take into account that the value of artistic objects, the art market today begins to emerge in the most powerful places.

The general objective is to know contemporary art at present in the most precise and understandable way he went from this research and the specific objectives are:

• Identify the evolution of contemporary art you dare history
• Identify the importance of critics intervention towards contemporary art

Thus, we will begin to investigate the outstanding points to know the large number of sales that occurred in recent years.

Methodology

The present investigation of the research method being a broad topic throughout the transcendence of history We will evaluate the evolutions of the art market that occurs until today, pointing out that the artist who creates the work of expressing from his interior plays an important role.

It is evident that the research of the contemporary art market today that constitutes the production of the negotiation of the works of art are more quoted and this work proposes to see some art criticisms today. In order to collaborate with the search for the economy that occurs in contemporary art.

Thus

In the part of the analysis of art that links aesthetics or taste towards the public, the new generation of contemporary art that is carried out in the purchase and sales galleries is shown.

Discussion:

Contemporary Art Market:

For those years, in almost all the stories of the arts they agree to ignore in the field of the market and in recent decades work began to appear the development of new projects and currently we call contemporary art style and involving aSet of people as gallery owners who go hand in hand with art critics.

The objective of every artist is “to respond to market needs rather than those of consumers, it must produce messages. Whose purpose is to create the sensitivity of the buyer as the unique piece of the work.

We can define as a contemporary art market as a business agreement between buyers and sellers of artistic objects intervening factors that have become the main protagonist of this market, where globalization of this growth was given in recent years in the work carried out inModern art and contemporary art, reaching “for its effects thanks to a division of functions: consumers are dedicated to maximizing their usefulness, while producers try to maximize US benefits by providing consumers what they want”.

Contemporary art is evidenced that it has been revealed years ago, where the market economy comes from the Middle Ages, currently with the adaptation of current market where China heads with the globalization of consumers of contemporary art.

Currently within the contemporary art market are galleries, fairs and auctions. We can divide it into two

• The primary market: Recent works created, giving it the retouching of the author’s reputation and the privacy of transactions plays an important role
• The secondary market: sells second -hand work and comfortable price use (Fernández, 1995)

Functions of the contemporary art market

When analyzing the functioning of the art market we will talk about a historic moment

the main one of which lies in variety and dispersion, or the production of purchase and sale of objects, analyzing art market studies .The functions of every artists lead them to have income in the most quoted in the public present according to “Simón Vega and Rafael Alas arise the first demonstrations in the early 21st century;The performances, the video art, the actions, among other languages classified as avant -garde ”that is to say from the past decade, where the galleries cribs and today known as a auction house .

An example we can personally mention Jackson Pollock or Mercel Duchamp among others, by inventing the personal way and owning their proposals, it is not about owning a gallery, in a few words it is there where he loses aesthetics in his works

And today more sought after for the public’s taste. The function being the taste towards the public and for them has been beaten with the arrival of collectors with high power, contemporary art reaches a level with the works.

Contemporary art becomes a function of the potential scope and achieving the scope of power greater price and offering varieties of production of works marketed as arts pieces for the public at the arrival of public attention. Keep in mind that they are currently spreading and encompassed in the economy consisting of their qualities of their work to distribute and finance them in the most marketed countries, according to “F. Poli we can talk about two types of marching: the "resellers" who works with works by consecrated artists and the "valuation" discoverer of new talents ".

The market seen by arts of arts

The role played by the art critic is to analyze a work according to its historical and artistic context (History & Málaga, 2011) until today it can be said that the subject is an almost taboo and, supposedly to capture a work for business is something irrelevant toSome critics . "The intermediation between the artistic value and its rising price is in the hands of bold and understanding promoters, authentic entrepreneurs of a risky business". In which the objective of every contemporary artists is to reach the pubic at its point of taste but according to Avelina Lesper there is no contemporary art and if everything is business, the artists called mediocre currently make junk art and according to Mercel Duchamp in afictional value .Contemporary art is a fraud to sustain a capitalist business, the artists genius I stayed years ago and currently the system allows anyone to be called artists even being in the academy and their participants are, the museums auction houses, some museums or fairs or fairsetc.

The functioning of the art market in recent decades, calls itself a potential for globalization in contained art and historically established for visual art.

The business world in the contemporary art market

The study of the artistic market is important for the art historian for very diverse reasons, but above all it allows us to interpret and understand the paths of art capitalism.

The economy of "art is almost an art administration or rather an efficiency meter". The art market currently increased in its business of active artists .

The places that are located are auction houses and collectors, becoming a market for high prices and some works losing aesthetics reaching only the public to get attention. The most quoting places in the 21st century "there are three great metropolis that house the most significant institutions for the world market".

Some examples of places with greater demand for contemporary art market have: Brazil is considered as Feitosa according to Ferreira is a place for the commercialization of art (deterritorialized et al., 2019) and “Modern art in New York is also in full expansion of its facilities, but more important is that it is reconsidering its function as a Museum of Modern Art” (Cuenca, 2001).

Collectors and auction house in the contemporary art business

Collectors and auction house places have a lot in common since that is where the commercialization of the pizas collected from some works or contemporary works is produced “the art market covers a marketing circuit that compromises spaces (galleries ofart) and actors (gallery and march independent) ". Being a business towards the public and the best bidder obtains what he likes with the sensitivity to art that they double him that they are usually called a collector of works that believe they will cost the future.

The approach of the be the collector can be oriented according to an artist and, in this case, in arrangement of a chronological criterion from greater to lesser years or in the thematic aspects of the works, or in the techniques, moving to the commercial plane. Examples have the Mena family together with their children, "today, the Mena family collection with more than 200 works is essentially incardina within Spanish contemporary art".Where I get to gather the works within the circle of the auction and with the emergence of this year in Beijing, New Delhi, China and India have prosecuted the important points of the Circle of the Contemporary Art Market. In this way, with the consolidation of the economic market and the increase in productivity driven by finisecular liberal policies, artistic production undergoes enormous modification.

Conclusions

For all the above, the research on the subject The contemporary art market what was investigated that art was a great transformation throughout history with different artists, who were announced by historians and their works of someIt is carried out by carrying out, the negotiation of the future in auction houses to the highest bidder, since in different countries the purchase and sale of works are already put into practice except for some critics the denial of being a work of art.

After visualizing we consider that the best way to acquire this knowledge is to analyze the evolution of art and analyze some experts about what is art.

REFERENCES

• Anggraini, a. R., & Oliver, J. (2019). Artistic praxis and economic base Nestor Garcia Canclini. Journal of Chemical Information and Modeling, 53 (9), 1689–1699. https: // doi.org/10.1017/CBO9781107415324.004
• Carrillo, J. X. (2016). Economics and Arts: Some critical notes about their relationships. Index, contemporary art magazine, 02, 112–120. https: // doi.org/10.26807/CAV.V0I02.36
• Cuenca, a. L. (2001). The art market in the United States. 1–12.
• Delgado-Gal, á. (2006). Art and money. 1–13.
• Deterritorialized, s. A., Art, d., Sub, f., & About, N. (2019). South and its relationship with the current local political context SP-Arte 2018: a sterritorialized art fair and … disconnected? some notes on the 14th edition of one. 209–232.
• Díaz, m. (2016). (1968-2015) Ma del Mar Díaz González University of Oviedo (Spain). eleven.
• Ehrmann, t. (2013). The contemporary art market.
• Fernández, a. N. (nineteen ninety five). Articles evolution and development of the art market . The boom and consolidation of photography in the inter-national markets: the case of Joel Peter Witkin ar Tecula. 2009–2010.
• History, d., & Málaga, u. Of. (2011). Number 0. 0, 2009–2012.
• Jaramillo, J. R. (2017). Paul Valéry: paradoxes and art challenges in the modern economic system. Arete, 29 (2), 385–406. https: // doi.org/10.18800/Arete.201702.007
• Juan, a. Of. (2015). Havana University. 2015. Number 280. 133-139. 133–139.
• Pérez-Calero Sánchez, L. (2011). Art and intermediary market. 23 (1996), 537–550.