I guess I have always known that the "World of Art" is not unlike a cartel: they don't want you buying your art from the source. Bad for their business. Which leads to an interesting questions, what is their business? After all, paintings, the most widely acquired form of art, are truly and completely subjective in terms of valuation.
But there is an Art Mafia (#artmafia) David Zwirner, Hauser & Wirth, Marian Goodman Gallery, Pace, and Gagosian Gallery would be the "Five Families" members. The keepers of " what's important," in fact wouldn't know real value from a turd. Worse, they have all taken huge amounts and sold mediocrity. Think Wall Street selling Junk Bonds: the complete shoddiness only revealed when they tried to "cash in" on their "investment."
How do I know this is true of the above mentioned art dealers? Simple. I challenge anyone that has made a purchase from any of the above to try and get more money back for their "painting" then they paid in say there years.
And here is the other rub: why would you own something you didn't like, and if you liked it why would you sell it?
Never buy paintings as an investment unless that investment is in your on joy.
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