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I'm interested in the data visualization aspect of the DB. Is there somewhere we can download the database to run queries against it in Tableau?
Someone else said Sotheby's bought a database of art prices for 7 figures - why wouldn't a bunch of headlines with their name be worth a few million to them?
Additionally I think they have an interest in prices being as high as possible normally, with estimates high to encourage that. So the pattern would look like:
Antique Japanese woodcarving, $10MM predicted -> $12MM public predicted
Set of documents from Roman times, $5MM predicted -> $6MM public predicted
Van Gogh paintings (aka more headline potential), $10MM predicted -> $3MM public predicted
Then you get the headlines "Van Gogh paintings fetch more than triple the estimate at Christie's auction", which is free PR for Christie's.
This is really cool work - if you're ever in New York City and want to chat Art/Tech come by the Artsy offices ( https://github.com/artsy/meta/blob/master/meta/happy_hour.md )
This is awesome - really eye opening. This seems like a good proof point of the inefficiency of the art market (partially due to lots of missing data, partially due to the relatively small sample size of high-end art sales). Excited to see where this goes, and how it impacts the efficiency of the market.
Not sure what you're exactly building here, is it for fun or profit or both? I heard when Sotheby's bought the Mei Moses Database/Index last year, the valuation they paid for it was in the 7 figures. This type of data analysis is on people's minds more and more and potentially quite lucrative, good luck.
Thanks for reading my post. I am building a database of complete known works across the most important art and artists of the twentieth century. Currently no such database exists. Hoping to work with folks much sharper than I am to build out meaningful analytics around art and artists using this new data.