Pursuits Weekly

The Global Art Market Is Actually Hyperlocal

In lackluster art market where every sale counts, that means dealers have to know their audience.

Art Basel’s ultra-prestigious Swiss edition opens next week.

Photographer: Pacific Press/LightRocket

Hi, I’m James Tarmy. Of the many conversational tropes I encounter as an arts columnist, “Do you know X artist in my collection?” followed by some variation of “They are very important, please agree with me” is probably the one that makes me cringe (internally) the most.

Not because I’m unused to speaking enthusiastically about art and certainly not because I care that someone’s proud of what’s on their wall. They should be! (Usually.)