Monday, August 20, 2007

The scale of the market

In 2005 Arielle Kozloff suggested that the "annual sales of antiquities ... amount to somewhere between $100 million and $200 million at this time" (in Kate Fitz Gibbon, Who Owns the Past?). Kozloff is in a position to know: "From 1997 to 2001 she was vice president of the Merrin Gallery, and she is now a private consultant to museums and collectors".

Peter Watson has reported that Robin Symes (and partner Christo Michaelidis) held 17,000 objects valued (by Symes) at US$250 million (in Neil Brodie et al., Archaeology, Cultural Heritage, and the Antiquities Trade (2006)).

The major auction houses in New York have sold over US$250 million worth of antiquities in the last ten years.

And what about the other dealers and galleries in New York and beyond?

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