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'If It Goes to Zero—Fine': Why Do Collectors Pay Wild Prices for New Art?

Collectors pay illogical prices for contemporary artworks. Do they know what they are doing when they buy? De la Cruz collection ....

Noord Holland , United States , New York , David Zwirner , Dan Colen , Marlene Dumas , Basel Hong Kong , Eli Broad , Rudolf Stingel , Jason Ingram , Wendy Cromwell , Tauba Auerbach , Yusaku Maezawa , Nicole Eisenman , Freddy Insinger , Christopher Wool , Hauser Wirth Somerset , Adam Green , Sterling Ruby , Wade Guyton , Christina Delgado , Mark Bradford , Hauser Wirth , Art Basel Hong Kong , New Museum , Wirth Somerset ,

Art Dealers Lie. A Lot. It's Part of the Business—and the Truth Is Nearly Impossible to Prove. But We Found Some Receipts

Art dealers often distort the truth but it's often nearly impossible to reveal how. In one particular case, we have receipts. ....

New York , United States , Noord Holland , Sam Francis , Joan Mitchell , Edward Hopper , Brett Gorvy , Larry Salander , Freddy Insinger , Barney Ebsworth , Katya Kazakina , Los Angeles , Douglas Chrismas , Basel Hong Kong , Jackson Pollock , Inigo Philbrick , Walter Robinson , Exchange Commission , High Fashion Concepts , Part Detective , Artnet News Pro , Art Basel Hong , Willem De Kooning , Art Basel Hong Kong , Art Basel , Artnet News ,