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Monday, June 28, 2010

Art Market Update

Souren Melikian Report. How long will the conceptual approach, which gives precedence to names and history over aesthetic achievement, make up for the precipitous decline in quality as leftovers are being sifted through again and again? Differently put, could the proportion of unsaleable goods become so large that Impressionist and Modern art auctions will cease to be financially viable? Whoever happens to have the answers will benefit from the undivided attention of auction house managers, not to mention collectors. So true.

Useful links:
www.sothebys.com
www.christies.com

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