Considering that art is creative, are there metrics that help one decide what to invest in?
There is no specific metric and as such the demand and supply determines what sells and what does not. Art is subjective but one can distinguish between good and not so good quality art, but again buying preferences are also based on ones personal liking and budget, irrespective of the quality of the work or the name of the artist. We have heard about the menace of fakes in the space. How far is this true? If an artist has made a name for himself or herself and works are hard to come by or are rare and command prices that are beyond the reach of but a few super rich collectors, it undoubtedly gives rise to production of fakes. However, as an auction house our main job is to try and ensure that no fakes go under our hammer. Is there a competition between imported art and Indian art, in India? As buyers the world over, including India, are increasingly becoming discerning and buy art based on ones social sensibilities, preferences and budgetary constraints, competition is not a matter of
