Gallerist

DEFINITION of 'Gallerist'

The owner or operator of an art gallery. Gallerists buy and sell art works, and often focus on higher end pieces that carry premium prices. The job function may range from the technical, such as how to display art works, to operational, such as keeping the gallery running properly. 

BREAKING DOWN 'Gallerist'

Gallerists are responsible for the art works shown in the gallery, but may work with curators and art dealers to determine which pieces to show. The gallery may specialize in particular genres or art or periods of time, allowing buyers to see a range of different pieces in one location.

They often have backgrounds in art history or academics, may have been museum curators, and may have worked in auction houses in the past. This gives them expertise that buyers and sellers seek out when evaluating a particular work of art.

RELATED TERMS
  1. Nataros v. Fine Arts Gallery of ...

    A court case involving an auction house and a buyer, in which ...
  2. Auction House

    A company that facilitates the buying and selling of assets, ...
  3. Original Print

    A work of art that is created using a master image carved into ...
  4. Sotheby's

    One of the world's most venerable auction houses. The company ...
  5. Houseable

    A piece of art that is able to fit inside a regular-sized living ...
  6. IRS Publication 561: Determining ...

    A document published by the Internal Revenue Service (IRS) that ...
Related Articles
  1. Personal Wealth & Private Banking

    Before You Sell a Work of Art

    A reputable art dealer can help you sell the painting or sculpture you own. How to find the right gallery and what to ask for in a consignment agreement.
  2. Wealth Management

    Importance of Title in Art Transactions

    A work of art can be a valuable investment, but it’s important to verify that it isn’t stolen property when you purchase it.
  3. Investing Basics

    Fine Art Can Be A Fine Investment

    The art market is fickle, and there are no guarantees of profitability, but with a little legwork and forethought you can fill your home with images that may prove worthy investments down the ...
  4. Saving and Spending

    How to Value Art and Dodge the IRS on Death Taxes

    Appraising artwork can be a very inexact process, and an estate could face penalties from the IRS for undervalued works. Here's how to best price art.
  5. Tax Strategy

    Profit from Art with a Charitable Remainder Trust

    With a CRUT, art collectors can avoid capital gains taxes on the sale of art– while also leaving their favorite charity a legacy.
  6. Personal Finance

    Why Companies Like Grads With a Liberal Arts Degree

    Contrary to popular belief, many companies prefer to handle candidates with liberal arts degrees since these graduates have a variety of soft skills.
  7. Fundamental Analysis

    How Does Electric Objects Work and Make Money?

    Look at the New York-based startup Electric Objects and the computer it has designed to electronically display images of art from around the world.
  8. Investing News

    Electronic Arts Stock Rises Ahead of Q4 Earnings (EA)

    Wall Street expects the video game maker to deliver a year-over-year increase in profits for both the just-ended quarter and fiscal year.
  9. Budgeting

    Planning a Cheap Vacation to the Most Expensive Cities In The World

    These smart tips won't make your whole vacation free, but they will help you shave expenses – and have a better time!
  10. Investing News

    Takung Threatens The Sotheby's-Christie's Duopoly (BID)

    Takung and other art-world startups are nipping at the heels of the world's two dominant auction houses, Sotheby's and privately owned Christie's.
RELATED FAQS
  1. Is finance an art or a science?

    The short answer to this question is "both". Finance, as a field of study and an area of business, definitely has strong ... Read Answer >>
  2. Why should you invest in tangible assets?

    Read about some of the possible benefits of investing in tangible assets, such as bullion, real estate, art, collectibles ... Read Answer >>
  3. Who are Zynga's (ZNGA) main competitors?

    Learn more about Zynga's main competitors in the technology sector, including King Digital Entertainment, Electronic Arts, ... Read Answer >>
  4. How do companies like Moody's rate bonds?

    Rating the creditworthiness of a bond issuer, despite the number crunching, is as much an art form as it is a science. While ... Read Answer >>
  5. My professor said that Central Banks move inflation by moving interest rates in the ...

  6. How much working capital does a small business need?

    Learn about the three primary factors that determine how much working capital is needed by a small business, including business ... Read Answer >>
Hot Definitions
  1. Labor Market

    The labor market refers to the supply and demand for labor, in which employees provide the supply and employers the demand. ...
  2. Demand Curve

    The demand curve is a graphical representation of the relationship between the price of a good or service and the quantity ...
  3. Goldilocks Economy

    An economy that is not so hot that it causes inflation, and not so cold that it causes a recession. This term is used to ...
  4. White Squire

    Very similar to a "white knight", but instead of purchasing a majority interest, the squire purchases a lesser interest in ...
  5. MACD Technical Indicator

    Moving Average Convergence Divergence (or MACD) is a trend-following momentum indicator that shows the relationship between ...
  6. Over-The-Counter - OTC

    Over-The-Counter (or OTC) is a security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, ...
Trading Center