A small Polish auction/gallery/collective/fund has gotten a lot of attention recently for some astronomical prices paid for some rather unknown artists, some seeing as much as a 40-fold increase in the last two years. The auction/gallery/collective/fund represents 12 artists who receive a monthly stipend for a certain amount of work delivered to the gallery, which is then auctioned in private, invite-only auctions. The new business has received both scorn and praise across the board, some saying it's simply about manufacturing worth, despite a lack of merit, and some scoffing that that's what the art business has always been about.
http://www.theartnewspaper.com/articles/Eyebrow-raising-price-hikes-for-Polish-artists/26652
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