Research & Analysis Institute for Art

Market
mechanics

Understanding the structure of art transactions. Strip away the aesthetics, and you are left with an unregulated, highly illiquid asset class driven by extreme information asymmetry.

Core Concepts

Auction Fees Explained

The hammer price is rarely what anyone actually pays or receives. Understand the math behind Buyer's Premiums, Seller's Commissions, and guarantees.

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Primary vs Secondary

The difference between buying directly from a gallery (primary) and buying on the open market (secondary), and how pricing strategies diverge wildly between the two.

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Fractional Ownership Risks

Analyzing the true costs and illiquidity of buying "shares" in blue-chip artworks.

Coming Soon

The Cost of Storage

Freeports, climate control, and why physical possession eats into annualized returns.

Coming Soon