The European Fine Art Fair (TEFAF) has announced a new global vetting policy that will replace commercial experts with advisors less connected to the art market to avoid possible legal issues.
TEFAF
What’s Good for the Art Market Is Bad for the Economy
One of the art world’s neatest neoliberal parlor tricks is transforming the real world’s troubles into pleasingly hermetic objects for hobbyists, and in this respect the European Fine Art Foundation (TEFAF)’s ebullient annual economic report is a fine specimen.
Art Market Moved $66 Billion Last Year, Nearing Pre-Recession Levels
International art and antique market sales totaled €47.4 billion ($66 billion) last year, their highest sum since the pre-recession days of 2007, according to the European Fine Art Foundation (TEFAF)’s annual art market report, released yesterday.