What is art really worth - and who really controls the secondary art market? In this episode of Wealth Office X, Michael Macfarlane ‪@michaelmacfarlane-mma‬ is joined by Catherine Freeman and Bigna Pfenninger, co-founders of FP13, for a conversation about art, power and the financialisation of culture.

The secondary art market is often misunderstood. It is not simply a resale market for old works or dead artists. It is a living system in which value is shaped by belief, scarcity, institutional credibility, collectors, dealers, advisors, taste, timing and the stories that surround an artist’s work. In that sense, the art market reveals something quietly uncomfortable about value itself: that markets are never purely rational. They are also  ...