Artrave
Stock Exchange
Metro 5 is a new gallery which opened on High St Armadale Melbourne in late March, promoting itself as a different business model for a commercial gallery, one which they claim will challenge the way most galleries do business. The difference, they say, is that work by well-known artists is bought outright and sold on to the public. Metro 5's 2001 Program reveals three solo showings, five stock shows and two more under the title of group shows. There is obviously no law, written or unwritten, which prevents a gallery buying up work and selling it on for a profit. It happens in many commercial galleries after all. The dead white males for sale at Metro 5 include Arkley, Boyd, Perceval, Pugh, Tucker, Nolan, Whiteley and Williams and for on-selling this is a pretty standard list.
