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Magnus Resch Profile
Magnus Resch

@MagnusResch

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Following
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312

Art market expert, Serial entrepreneur, University Professor, Bestselling book author. Buy my new book on art collecting now:

Joined August 2015
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@MagnusResch
Magnus Resch
2 years
‘Magnus, what art should I buy? Where do I start?’ These questions come my way nearly every day. In response, I've compiled my answers into my latest book, HOW TO COLLECT ART. I have poured 20 years of art world experience into this to answer one simple question: what's the
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@YaleBlockchain
Yale Blockchain Club
9 months
🖼️Redefining Creativity in the Digital Age – The future of creativity is here! Join us at the Yale Blockchain Conference for an exclusive panel on how blockchain, digital art, and fashion are converging to shape the next creative era: Magnus Resch, PhD (@MagnusResch) –
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@glimpsworth
Glimpsworth
9 months
@MagnusResch is a genius
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@MagnusResch
Magnus Resch
10 months
Excited to teach my @HarvardHBS case on art market transparency! Solving fraud, lack of buyers, high transaction costs & illiquidity is key. AI, NFTs & blockchain will drive growth, making the market 3x bigger. New buyers & smarter tools will shape a more open, accessible future.
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@MagnusResch
Magnus Resch
10 months
Wrote this op-ed for @RobbReport. I explore how the $73T generational wealth transfer will reshape the art market-amid an art surplus, shrinking buyer pools & shifting tastes. But collecting isn’t just about returns-it’s about connection, support, meaning.
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robbreport.com
A generational-wealth transfer will see roughly 50 percent of inherited art being sold, leading to glut. Here's why collectors should still invest.
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@MagnusResch
Magnus Resch
1 year
https://t.co/ENDdPQGqGw The price of an artwork isn’t based on its complexity or originality but on the artist’s network. Cattelan, backed by Gagosian and top museums, always sells in the millions. Sotheby’s marketing hype drove this price—it’s never just about the work itself.
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nytimes.com
A conceptual artwork by Maurizio Cattelan, “Comedian,” is just a fruit-stand banana taped on the wall. But 7 bidders were biting. It went to a crypto entrepreneur.
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@MagnusResch
Magnus Resch
1 year
I wrote this op-ed for @artnews about how @friezeofficial and @ArtBasel are strangling galleries. While I respect the brands their hard working teams have built, I believe they are currently doing more harm than good for small and mid-size galleries. https://t.co/Z2b8IJdXvl
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artnews.com
As Frieze in London and Art Basel in Paris take center stage, the pressing question is: How many galleries will struggle in this market climate?
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@YaleSOM
Yale School of Management
1 year
In his class Entrepreneurship in the Art Market, Prof. @MagnusResch explores the shifting role of art world gatekeepers as more artists go independent. Magnus invites leading #art experts like Marc Glimcher, Max Teicher, and CJ Hendry to chat with students about the industry.
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@proof_xyz
PROOF
1 year
"Buy what you like" - @MagnusResch 🫳 🎤
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@MagnusResch
Magnus Resch
1 year
Spoke to my friends from @proof_xyz and @yugalabs with @eli_schein and @pablorfraile about blockchain and art. Also introduced @SarahMeyohas new work and other pieces I'm currently interested in.
@proof_xyz
PROOF
1 year
Vaulted by PROOF: Who’s in Control of the Art Market? With the rise of Artist Managers and blockchain-enabled provenance, the traditional gallery model is breaking. @MagnusResch and @pablorfraile share their perspectives on how markets will evolve as the power shifts from
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@PuckNews
Puck
1 year
For years, tech platforms have been pining to disrupt the art market with A.I. or blockchain or a jazzy new platform. Puck’s Marion Maneker (@artmarket) offers a low-fi tech solution, developed during a chat with Yale professor @MagnusResch
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puck.news
For years, tech platforms have been pining to disrupt the art market with A.I. or blockchain or a jazzy new platform. I came up with a better solution during a chat with the Yale School of Manageme...
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@MagnusResch
Magnus Resch
1 year
While traveling through Europe, I spoke with several gallerists. It appears that European galleries are struggling severely. Based on my conversations: Alpha galleries' revenue down 20%, Beta galleries by 50%, the rest by 70%. This aligns with auction houses, which are down 30%.
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@wbdnewton
William Newton ن
1 year
In my latest for @TheSpectator we look at a question that I'm often asked: how do I build an #art collection? Art market expert @MagnusResch and I discuss and debate some ideas (and hard data) from his excellent new book on this very subject. https://t.co/EU983XYGOP
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thespectator.com
In his latest book, How to Collect Art, art-market expert Magnus Resch puts forward the most comprehensive, clearly explained guide to art
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@MagnusResch
Magnus Resch
1 year
Spoke to the @nytimes while @ArtBasel about the current state of the art market: "The mega-galleries won’t be hit so hard by what’s happening. The avenue of the stars is always crowded."
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nytimes.com
At the prestigious fair, doing business at what one mega-dealer calls a “more human pace” can just mean “slower” for smaller galleries.
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@MagnusResch
Magnus Resch
1 year
Speaking @artfortomorrow in Venice about the current state of the art market - with Thaddaeus Ropac and Victoria Siddall, moderated by @nytimes.
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@Tiefseher
Daniel D. Eckert
2 years
Viele @Tiefseher-Follower schätzen es richtig ein: Wenn ich ein beliebiges Kunstwerk in der Galerie kaufe, ist es am wahrscheinlichsten, dass der Marktwert des Œuvres in 10 Jahren 0 sein wird. Für 99% aller Werke gibt es keinen Markt. Quelle: SMART KUNST KAUFEN by @MagnusResch
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@Tiefseher
Daniel D. Eckert
2 years
Auch ich lese immer von "neuen" Auktionsrekorden und Kunstwerken, die sich im Preis vervielfacht haben. Doch die Realität in der Breite des Kunstmarkts scheint eine andere zu sein: Jedenfalls waren die Gesamtumsätze 2023 mit rund 65 Mrd. Dollar kaum höher als 2011 cc @MagnusResch
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@Christianedler
Christian O. Edler
2 years
@MagnusResch @davidzwirner Prof. Dr. Magnus Resch talking about art and his new book Smart Kunst Kaufen #books #art #yale
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@chattwithjulia
Julia Chatterley
2 years
“99% of all art doesn’t return any money… consider it an investment in yourself, in a gallery & an artist.” An ‘artful’ discussion with @magnusResch, author of “How to Collect Art” discussing how the market works, the best way to buy & much more.
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@JustinGilanyi
JUST_N
2 years
VISIONS✨ by Other World Great way to start out @friezeofficial LA art week. Merging digital w/ physical -- prints infused with image & impasto! Great panel: @eli_schein @otherworld_xx @MagnusResch @proof_xyz @yugalabs SohoHouse Weho @walkerwaugh @musicalnetta @akasteveyyy
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