The Easel

5 Lessons in Today’s Art Market From a Sotheby’s Advisor

Cappellazzo is the quintessential art market insider – star executive at auction house Christie’s, co-creator of her own art advisory business and now at Sotheby’s. She cheerfully accepts that artistic merit is far from the only factor that motivates collectors. “I’m an expert in an esoteric asset class that happens to be an excellent reservoir of value. Some days I think I’m in the alternative-currency business.”