Admin,
There is another segment of the art market, which is not mentioned, although sales in its more than half of all sales of art throughout the world. This is a private sale, which are little publicized, but their volume is much more auction or gallery-. But statistics are no such sales. And will never be. But some data on prices is quite well known. Of course only in Russia. Over the last two weeks of communication with sellers can say that prices have fallen by 20%-40%. And this is the first thirty names in Russian painting and the top twenty in Ukrainian. That is, that the spring-summer sold for $ 100,000 can now be bought for 60000 $ -80000 $. And there are quite specific and realistic proposals. And not isolated. According to modern art can not say anything, no one has proposed, but it is a fall in prices will (and already are) even more.
And yet it seems to me that the redistribution of sales towards lower-cost painting was not. Just went to some panic and lower prices on expensive painting, but not increased sales of cheap.
There at all time to buy. Time to sell will come later.
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