"Is there finally a market for performance art? We're seeing more and more performance in galleries, art fairs, and other commercial art spaces these days."
"The real question isn't whether performance work can be sold. It has been-for years. What's changing now is how it's valued."
"Plus, postminimalist sculptor Joel Shapiro's meticulously curated wine collection will be auctioned at Sotheby's next month, with expectations exceeding $700,000."
Performance art appears more frequently in galleries, art fairs, and other commercial art spaces, indicating deeper market integration. Sales of performance pieces have occurred for years, but current shifts center on new methods of valuation rather than mere saleability. Evolving documentation, presentation, and commodification practices are changing how ephemeral work is assessed and priced. Separately, Joel Shapiro's carefully curated wine collection will be auctioned at Sotheby's with expectations above $700,000, illustrating strong market appetite for unconventional or collectible offerings linked to prominent artists.
Read at Artnet News
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