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Lucienne

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  1. Milken Institute58 min

    How Do We Value Art?

    Jane Nathanson, Deborah McLeod, Timothy Potts, Philip, Lucienne, Martha Minowski

    Art leaders including MOCA co-founder Jane Nathanson, Gagosian Director Deborah McLeod, and Getty Director Timothy Potts debate the shifting balance between passion-driven collecting and financial investment at a Los Angeles forum. Participants analyzed market dynamics from the $60 billion global fine art volume to the specific challenges of the antiquities trade, emphasizing rigorous due diligence and the curatorial role of auction houses like Sotheby's. The consensus highlighted a strategic pivot where museums act as cultural anchors driving tourism while collectors increasingly adopt contrarian investment strategies to navigate the cyclical nature of contemporary art valuations.