Introducing the Next-Generation Auction Experience

The Yield

The art market is experiencing a spectacular rebirth in the wake of the pandemic, and continues to transform every day. While many of the changes that the pandemic demanded of the art market have been for the better, some may not be here to stay in this once-elite investing class. To help understand the impact of these recent changes the art market, Yieldstreet’s Managing Director and Athena Art Finance CEO Cynthia Sachs is joined by Amanda Lo Iacono, Head of Auctions - 20th Century & Contemporary Art at Phillips for a discussion about the latest auctions at Phillips and the new dynamic of digital and in-person art buying & selling.

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Key Takeaways:

[1:42] Transitioning from a career at JP Morgan Asset Management to Athena Art Finance.

[5:53] The rebirthing of the art market in the wake of the pandemic.

[8:01] Innovating the art book and taking the art market online.

[10:27] Which disruptions to the art market should remain in place permanently?

[13:45] Valuations and buyer expectations in a strong art market.

[16:00] Shifting roles in the primary and secondary art markets.

[21:15] NFTs, cryptocurrencies and their relationship with digital art.

[23:20] Key takeaways from the results of the Phillips spring auction.

[27:55] Will prices continue to rise for blue chip pieces?

Mentioned in This Episode:

Yieldstreet

Athena Art Finance