Some consider the market a demon, others an angel, and both are wrong, because it is neither one nor the other, but a historical instrument that allows for free production and exchange, creating multiplicity, difference, competition, and, as many (including us) say, freedom. It is the freedom to choose, to decide, to not follow the dictates of an absolute authority from which there is no escape. The market, like all instruments, needs rules, like everything that concerns us, rules based on transparency, knowledge, and the protection of legitimate interests, starting with unfair competition, which must be fought. There are elements of disparity within the market, such as monopolies and cartels, which manipulate and falsify, creating pseudo-values, inflating interests, and preventing many from competing. Therefore, outside the dialectic of good and evil, it is about understanding its limits and opportunities, which are also psychological and therefore changeable, requiring continuous monitoring and proven analytical ability.
This applies generally and specifically to the art market, which is subject to multiple legitimate interests, sometimes well-intentioned, sometimes rough and intolerant, driven by powerful players, so be mindful. However, it also requires the ability to seize opportunities with intuition, knowledge, and timing. As has happened in recent auctions, where the crisis was met with art as a safe-haven asset, with Christie's in New York, where a Picasso, initially valued at 55 million dollars (and please excuse the millions), was sold after 19 minutes of battle between bidders for 103 million. It was a great deal for the seller and a surge in value that will have an immediate ripple effect. Because, starting with "Woman Sitting by the Window," from 1932, all Picasso and similar works will skyrocket, and by domino effect, the entire market will benefit. (And I cite a Basquiat, sold for 93 million, from an initial estimate of 50 million. This clamour continues...).
KLESSIDRA | EDITED BY FRANCESCO GALLO MAZZEO

