Word: artists
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Dates: during 1970-1979
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...system is nothing if not simple. "The fame that some artists attain in time," Bongard writes, "is measurable, on condition that this fame is based mainly on the work of an artist. Certain conclusions may then be drawn as to his qualities." And how may one assess fame? On points. An artist gets 300 points, for instance, if he sells a work to the Museum of Modern Art or the Met, and so down through the Tate Gallery (200), and the Galleria d'Arte Moderna in Turin (160). For a one-man show at the Moderna Museet in Stockholm...
...such luck; a moneychanger is more welcome in the temple than a live artist in the bourse. The blasphemy gave Mrs. Scull a fit of the vapors, and she was whisked away to a restorative party after Mr. Scull, looking suitably grim, told the rude dauber that he ought to be grateful, since the auction price would push up the price of his new work. Rauschenberg, accompanied by an artists' accountant and financial counselor named Rubin Gorewitz, went off to Washington to start lobbying. "From now on," he told the Wall Street Journal, "I want a royalty...
...hitch in an informal royalty system is simple: any one who thinks a collector will voluntarily give a 15% cut on resale back to the artist simply does not know collectors. Scull himself opined that a royalty of 1% on resale would be "reasonable," but that artists should really get their fringe benefits from museums, not collectors. "Museums," he told a reporter, "make their living on shows." ("And he doesn't?" was Rauschenberg's incredulous reply when told of this.) What this cynical proposal would accomplish would be to tax museums - and therefore art education - in order...
There are several artists - among them, the sculptors Carl Andre and Sol Le Witt and the conceptual artist Hans Haacke - who make it a practice to write a royalty clause into every contract of sale when they release a work. But they are relatively well-known figures and there is an established demand for their art. A young or obscure artist has no bargaining position on resale rights when a collector appears in the studio. Every year the U.S. art-education system cranks out more than 30,000 graduates, each with a degree saying "artist"; there is a glut...
...short, it is a buyer's market in which only a small minority of successful artists have any power over the destiny or price of their work. If there are to be any royalty assurances, then, they can only work if they are written into U.S. law. The prospect of such a bill ever getting to Congress is, naturally, viewed askance by many dealers and most collectors, who contend that it would diminish or even wreck the art market, depress prices, and discourage new collectors. These critics raise other objections: Why should an artist be entitled to a piece...