NEW MODELS IN COLLABORATION: THE AUCTION HOUSE AND GALLERY RELATIONSHIP
Susan Dunne, President, Pace Gallery, New York
François Chantala, Partner, The Thomas Dane Gallery, London
Martin Klosterfelde, Senior Director, Senior Specialist, Contemporary Art, Sotheby’s, London
Moderator: Jeffrey Boloten, Course Leader, Art and Business Programme, Sotheby’s Institute of Art, London
Tuesday Jan 17
12:00–13:30h | Panel Discussion
When in spring 2007 Christie’s bought London contemporary gallery Haunch of Venison and held an auction of Geneva dealer Pierre Huber’s collection in New York, auctions houses abruptly accessed the gallery turf, thus blurring the lines between two seemingly different realms up to that point. To dealers, the expansion of the auction houses’ role—now offering curated private sales—has become a source of competition and have raised conflicts of interest.
Recent news coming from the auction companies demonstrate how the art market is shifting and stree the importance to rethink the relationship between the auction world and private dealers. During 2016, senior auction specialists exited both Sotheby’s and Christie’s. In November 2016, Brett Gorvy announced his departure from Christie’s after 23 years and his partnership with dealer and gallerist Dominique Lévy. Like him, high-profile former auctioneers are moving to more niche business, as the gallery sector.
This panel aims to offer a positive outlook of these transformations in the art market and exchange ideas on how galleries and auctions can work together as a possible new model gifting forward.
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