Art is a Way of Survival

The Yield

Even in times of economic disruption and financial difficulty, the art market continues to move forward. Join the Yieldstreet x Athena Art Finance team as they cover a variety of topics, including a deep dive into auction insights and a new normal for the art market in a post-COVID world. Cynthia Sachs, MD/CIO of Art Finance, is joined by Athena Director of Business Development, Noah Kupferman, to discuss the impact of the changing landscape of art galleries and how they may affect the auction markets and the business of art given the transitions through the COVID-19 period.

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Key Takeaways:

[2:25] The intersection between art, business and the finance world.

[5:58] The potential impact of $100 million piece sales on how the auction market functions.

[9:47] Where does Athena focus their lending and why?

[10:58] Athena’s approach to the global nature of the art market.

[11:19] The current state of art fairs and galleries around the world as a result of the pandemic.

[15:41] Surprising partnerships that have resulted from the recent landscape changes to the art and the finance market.

[18:11] Who are the beneficiaries of increased online art market sales and greater transparency in art pricing?

[22:03] The value of Athena’s reliance on data and disciplined approach to art finance.

[24:45] What is the likelihood of the US picking up more auctions in 2021?

Mentioned in This Episode:

Yieldstreet

Athena Art Finance