Art Quote by Ronald Coase
“Despite all the efforts of art dealers, the number of Rembrandts existing at a given time is limited; yet such paintings are commonly disposed of by auction.”
About This Quote
Art market limits supply, yet auctions often discard works, reflecting economic scarcity.
In simple terms: Limited supply leads to market decisions.
Key Takeaway
Recognize value beyond scarcity.
Themes
economics
art
scarcity
Mood
analytical
critical
Type
economic
philosophical
When to use this quote
- gallery curation
- private collections
- museum acquisitions
- estate sales
Key Concepts
market theory
valuation
auction dynamics
Questions to Reflect On
- How does scarcity affect artistic value?
- What responsibilities do dealers have to preserve art?
A Different Perspective
Discarding art can erase cultural heritage.
![“I can't remember one [example of regulation] that's good. Regulation of transport, regulation of agriculture - agriculture is a, zoning is z. You know, you go from a to z, they are all bad. There were so many studies, and the result was quite universal: The effects were bad.” quote by Ronald Coase](https://sms4smile.com/quotes/img-quotes/02e/ronald-coase-17623_agriculture_i-can-t-remember-one-example-of-regulati_654706.jpg)
![“I can't remember [of a good regulation]. Regulation of transport, regulation of agriculture — agriculture is a, zoning is z. You know, you go from a to z, they are all bad. There were so many studies, and the result was quite universal: The effects were bad” quote by Ronald Coase](https://sms4smile.com/quotes/img-quotes/03a/ronald-coase-17623_agriculture_i-can-t-remember-of-a-good-regulation-re_974279.jpg)
