Souren Melikian has written an excellent article on the state of the art market @ http://www.iht.com/articles/2008/06/28/arts/melik28.php
Art lovers with millions to spare, do not despair in these lean times. Even when there is not much left to sift through, great works of art can still be found, if only because so few buyers have the eye needed to recognize them.
How true!
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