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Internet, technology change high-end art dealing

Internet, technology change high-end art dealing

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The Internet age has changed many things – including the world of high-end art collecting.

Here’s an interesting piece on Philip Mould, who’s new book, “The Art Detective”, explores the once-shadowy of art dealing and restoration.

When Philip Mould began as a professional art dealer 22 years ago, the buying and selling of high-end artwork was confined to a small group of well-versed art historians who scoured the globe in search of masterpieces.

But the timeless world of art has changed in the age of the Internet and technology. Once limited to examining 15 to 20 works per day, Mould and his staff can now judge the value of between 50 and 100 works of art per day.

“There are more possibilities, more discoveries. But there is also more competition. There is a new generation that likes the adrenaline rush, and buys indiscriminately,” Mould said.

From Reuters