Art Market

What painting by Ronald Ventura (UST alumnus) was sold at $1,082,223?

• Halo

• Grayground

• The Dive

• Forest

In the Renaissance period, the Medici family were considered _______ of the artworld. They commissioned lots of paintings, sculptures, and architectures for their private collection.

• consumers

• producers

• patrons

• sellers

What is the struggle of many young artists in the Philippines according to the "Art Market" documentary?

• they can't sell their artworks

• the public is not educated in art

• they need to become more popular in the art market

• they are not given a space to sell

Where do agents or middlemen of the artworld find their new paintings to be sold in the art market today?

• contemporary art gallery exhibitions

• fine arts thesis exhibitions

• international gallery exhibitions

• independent art galleries

What makes a painting sellable in the Sotheby's art auction?

• truth value of the artwork

• aesthetic impact from the art public

• international appeal of the artist and the painting

• popularity of the painting

They buy art to resell it at a higher price a few months later.

• art dealer

• art collector

• art speculator

What's the name of the alternative artist run space that is an alternative to the commercial and dominant art galleries? G___ P___ A___ P___

The following are the struggles of art dealers in selling their art EXCEPT:

• expensive art shows outside the Phils.

• low education of art public

• the art market decides what the artist must make

• low profits to support the gallery

These are the struggle of the artist with art galleries EXCEPT:

• independence on creativity

• high prices on old masters

• some avant-garde art forms don't sell like installations or sound art

• the artist is treated as a factory of paintings