The European Fine Art Fair TEFAF And Globalization

TEFAF constitutes the most spectacular gathering of art on offer in the world. It takes place every year during the month of March at Maastricht in the Netherlands. The quality and uniqueness of what is exhibited is a feast to the eye for anyone interested in art. TEFAF concentrates on Old Master and Modern paintings and sculptures, antiquities, antiques, works on paper and jewels of all periods. In 2015, art exhibited at the TEFAF covered the span of 5,500 years of art. It is a display of the most rare and valuable art objects by the top dealers in the world.

The statistics of the fair are simply mind-blowing. In 2015 an estimated $5 billion dollars worth of art was on display at TEFAF. Some 75,000 collectors and art professionals attended in 2015, and 400 private jets were arrived during the ten days duration of the fair at the local airport. In the words of its new Chairman, Mr. Willem van Roijen, “The fair’s aim is to present art covering the whole spectrum of 7,000 years”. The success of this fair is grounded on its extraordinarily strict vetting procedures. Over 170 international experts in 29 specialist-vetting committees scrutinize each object to ensure the quality, authenticity and condition of everything exhibited.