Are you a student? http://egotastic.in.net/ egotastic.com A few years ago a young art collector from New York I know bought a painting from a New York gallery. A few weeks later she went to the Miami Basel art fair where a celebrity heard about the painting. He offered to buy it for more than 50 times what she paid for it. She refused and he raised his offer to a sum that would mean sheâd never have to work again. She explained that she would not bargain with himâany resale of the painting must go through the gallery, so theyâll get a commission and select the priceânot her. The young collector knew there would be consequences to making the sale. She may have owned the painting, but reselling it at a profit without the galleryâs permission would blackball her from the art industry. To her, that was not worth the millions she was offered.