ArtRank™ Posts
News and announcements from the art market’s pioneering analysts. Here’s what’s on our mind.
Der Freitag: Männer sind so berechenbar
"Was Art Rank so interessant macht, ist, dass es selten offenherzige Einblicke in eine dunkle Seite des Kunstmarkts gewährt. Denn Kunstspekulation, sogenanntes Art Flipping, ist ein peinliches Thema. Kaum jemand bekennt sich offen dazu. Wer in Kunst investiert, der will nicht nur Renditen einfahren, sondern auch kulturelles Kapital."
Read the whole story by Christine Kappeler at Der Freitag
Art + Auction: Power 100
"Resetting the rules from the inside out... The controversial platform uses a proprietary algorithm to determine which artists are prime for buying, selling, or liquidating to create what he describes as “a metrics-based approach to art collecting.” Along with two anonymous partners, Rivera aims to use objective quantitative measurements to elucidate how value is applied to art objects.”
See the 2014 Power 100 list at Art + Auction
ArtNews: Of spec-u-lectors and drug dealing art advisers
"If you thought the art world was becoming rank, it got worse when ArtRank.com came along, the silly forecasting scheme said to gauge young artists’ futures based on, you got it, algorithms, also known as tittle-tattle. My colleague Deep Pockets, a perpetual font of information from the art world’s inner sanctum, relayed a story where a group of beginning-to-be-recognized artists were talking amongst themselves about what a badge of honor it was to be on Artrank’s Buy Now list, as opposed to its Liquidate list, which at the moment happens to be headed up by Lucien Smith, the bogeyman for today’s art market gone wrong (which actually makes me sympathetic to the work)."
Read the whole story by Kenny Schachter at ArtNews.
New York Observer: One for the Flippers: Buy Now! Liquidate! I’d SellYouLater, but It’s Already Too Late
"SellYouLater.com is the best art website to come along in some time. SellYouLater.com is the epitome of where we are at. It has so many amazing things going for it that I don’t know where to begin. The stock market is full of tip sheets that provide insider advice for long investors, short sellers, yield hogs and junk-bond floggers. It’s about time someone did one for art, especially now that all people really care about are prices."
Read the whole story by Adam Lindemann in the New York Observer.
Die Welt: Artists in Purgatory
"During the New York Armory art fair, many collectors were spotted with a printed table in hand, walking through the fair's stands. In the their hands was the index SellYouLater had posted in February 2014 to the internet. Their shifting of the heated rumors of the art world into cold clinical statistics is drawing anger and causing nervousness."
Read the whole story by Marcus Woeller at Die Welt
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