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Visual Arts
Millennials are tipping their toes into the art market. Image by Kara Kupfer via Unsplash
New young entrants into the art market are now worth more to the international auction market than traditional wealthy clients, according to a report from UK-based auction site Barnebys.
But unlike the old style multi-million dollar trophy sales that move between a small coterie of top drawer global collectors, the millennial market moves volume between a larger number of customers trading in lower value objects.
Gina Fairley is ArtsHub's Senior Contributor, after 12 years in the role as National Visual Arts Editor. She has worked for extended periods in America and Southeast Asia, as gallerist, arts administrator and regional contributing editor for a number of magazines, including Hong Kong based Asian Art News and World Sculpture News. She is an Art Tour leader for the AGNSW Members, and lectures regularly on the state of the arts. She is based in Mittagong, regional NSW.
Instagram: fairleygina
