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The humble RED DOT

SOLD! (SOMETIMES)

"It’s a quarter-inch, circular red sticker, available in packs of 450 for under four dollars. But this tiny dot answers the question that powers the art market: “Can I buy that?”

Back in the 1970s, red dots were a common sight, located on the walls of galleries or art fair booths to indicate that a work was already sold. But today, especially at the high end of the art market, they’re increasingly scarce."