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Published on: 6/4/2008
Last Visited: 6/4/2008
Samuel Merrin
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Samuel Merrin
Samuel Merrin has been featured many times in the national and international news media for his expertise in the antiquities acquisition game.Samuel Merrin was quoted in the Wall Street Journal."Antiquities are one of the few markets that are doing well," said Sam Merrin in 1992, responding to a series of heated auctions at Christie's and Sotheby's in which ancient pieces of art seemed to fly off the auction block.The gallery director added, "The mediocre to poor material isn't selling, but a truly great object like a first-rate classical or Egyptian figure can name its own price."
Samuel Merrin: the Value of Archaeological Fragments
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At the Merrin Gallery, Samuel Merrin has held a variety of different ancient fragments of larger pieces.One, a single bronze Roman hand, holds particular interest to the prominent dealer.Just a few inches across, the fingers on the ancient hand are curled as if to suggest the former presence of a previously-held weapon.A Greek bronze hood and a section of a Hellenistic marble face have also served as valuable acquisitions for the Merrin Gallery.According to Sam Merrin, "Although we have sold fragments for half a million to a million dollars, depending on size and importance, you can still pick up archaeological fragments for one hundred dollars."
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The Edward H. Merrin Gallery has become known as the Merrin Gallery since Samuel Merrin took over the gallery's directorial leadership, but the elder Mr. Merrin has continued to maintain a prominent name for himself in the art world.
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Samuel Merrin: Purchasing Trends
Samuel Merrin, in a 1990 Wall Street Journal article, was consulted on a continuously important issue in the world of art dealership: the purchasing trends of buyers.Sam Merrin had noticed that buyers were "taking longer, taking pieces home and living with them a little more," and that "it used to be 65% [of buyers] would decide immediately," but that this was no longer the case.In previous years, Merrin was quoted as saying, "if you were an art dealer with some taste and you didn't make money, you must really have been out to lunch."But with the shift from an art seller's market to an art buyer's market, more and more galleries in the early 1990s were noticing a visible change in how the business worked.
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As auctions seemed to face a major test in the early 1990s, Sam Merrin was a recurrent source in many news articles, most notably the Wall Street Journal.In a November article, Samuel Merrin remarked, on the topic of the volatility of the art market, that "you have $500 million [of art] sold in a weekend, with only 3% unsold, it signals to everybody that everything's OK in the art world....If these auctions [those at Christie's and Sotheby's] are really terrible, we're still going to have our realm of collectors, but a whole new group won't be joining."
Unruffled, but not unconcerned, Samuel Merrin went on to ensure that the Merrin Gallery would continue its successful status as one of the world's major players in the antiquities market.
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