“John—Galleries have always taken 50%. This goes way back before there
were opening receptions for an artist’s show–a practice started in the 50s;
sort of a merging of the fashion world social scene with art.
“The best analogy to what a gallery does for an artist is the real estate
broker. And those percentages are less than 10%. The bottom line as to why
the 50% is (1) tradition and (2) galleries can get away with it. It’s more
of a pimp/prostitute relationship than either party
wishes to acknowledge.”
Interesting.






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