I created this site back in 2009 to share content gathered from my favorite online sources: most of them related to art and design but also websites, videos and short essays on anything from science and management to cool infographs. More often than not, figments has been about distributing content rather than creating it. I have also shared someimpressions about my most recent trips abroad. I recently came back from a four-months journey to India (studying at IIM-Lucknow); if you've followed my previous entries, you will know I am fascinated by Asian cultures.
Theme used: Six to Close by Richard Woodson
Long-term value in the art world depends in a certain raw way on scarcity, but is largely produced through a delicate process by which aesthetic value (determined by curators and critics) intersects with market value, determined ultimately by auction prices. One point at which these two types of value intersect is in provenance. The story behind an object – its past owners, where it has been shown, its place in the story of the artist’s career, and so on – confers both types of value. — by TheGuardian (via @theartmarket)