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date: 22 October 2019

Deitch, Jeffreylocked

(b Hartford, CT, July 9, 1952).
  • Joseph R. Givens

Extract

(b Hartford, CT, July 9, 1952).

American art dealer, curator, and critic. Deitch is best known for transforming the American art market with the introduction of post-industrial business practices. A Connecticut native, he studied art history at Wesleyan University (1970–74) and opened his first gallery in 1972 at the Curtis Hotel in Lenox, MA. He studied the economics of art at Harvard Business School, and earned an MBA in 1978. His 1980 essay, The Warhol Product, was one of the first publications to address the post-modern phenomenon of art as commodity. In 1979 Deitch helped guide financial institutions into the business of art investment services by co-developing Citibank’s Art Advisory Service, a comprehensive service model that provided élite clients with loans, strategic collection consultation, historical information, and shipping and insurance management. After transitioning to a full-time, self-employed art dealer in 1988, Deitch brokered the secondary market sale of Jasper Johns’s White Flag (...

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