Dealer sales cycle graph from Art Basel, as featured in ATG No 2335.
MADAM – Re your report on dealer findings in Art Basel’s The Art Market 2018 report (ATG No 2335), I was intrigued by the ‘Average time taken to sell works from dealers’ inventories…’ graph.
Your first impression of this data is, “blimey! It takes dealers a long time to sell anything”. It suggests that members of the trade need the patience of saints. But in fact, the reality is more nuanced than that.