Scott Reyburn's report on the state of the art market + other viewpoints @ http://www.bloomberg.com/apps/news?pid=20601088&sid=af8MxT4n7V_k&refer=home was interesting.
Everything appears to be on hold at the moment. Everyone has a budget, even if they're a billionaire. These people know when to be prudent. At this time, some of my clients are balancing the decision to buy art against other assets.
- Tania Buckrell Pos
Useful links:
www.faggionato.com
www.phillipsdepury.com
www.sothebys.com
www.christies.com
www.artsandmanagement.com
www.arttactic.com
www.artnet.com
We are in the midst of the worst financial crisis in many decades with a huge destruction of wealth underway, I just can't see people wanting to spend millions on a work of art at the moment. I may be wrong.
No comments:
Post a Comment