Art Commodified: An Art Flipper Made 220% on This Painting in Six Months

Quick resales are more common in the emerging art segment of the market, where works by unknown artists are traded with little risk in return for possible outsized gains. In May, 108 artworks created in the past three years were sold at the three auction houses, according to Artnet. They tallied $27.7 million in sales.
— Katya Kazakina, Bloomberg Business

Published June 2, 2015. For full article, please click here.

Source: http://www.bloomberg.com/news/articles/2015-06-02/art-flippers-target-masterpieces-as-french-painting-gains-220-