The site ARTinvestment.RU interesting article by journalist Vladimir Bogdanov. Member Forum (
Vladimir).
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May in New York City - it does have hot summers (there now, in April, is under 27 degrees). Summer - it is also a traditional time to reduce business activity, including on the art market.
Auction actual (in the sense of contemporary) art, one can say, mark the closure of the complex of the season, full of fear and unexpected results. In terms of price forecasts for the modern Western art rather will rely on the opinion of the drafters of estimate:. But with the amendment to the existing circumstances. It is known that in the period of instability in the price of works by contemporary artists of the second and third echelons of the great "Storm". The price correction is happening in the market "first names", but without the avalanche regime. Panic script class "bubble inevitably burst" is not implemented, and the manifestations of correction, obviously, should be considered consistently higher than last season, the number of unsold works and sold the lower estimate - have recently seen as the norm. And about the astounding price records, which have become "business card" of past years, the time will forget.
Read more:
http://artinvestment.ru/invest/analy...hebys_may.html
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1.MARK KUIN meditation with thoughts of the impossible. 2007. Painted bronze
81,5 x 43,5 x 64,5. A copy of the 2 nd of 6
Estimate: 70-100 thousand dollars
Sotheby's. 13.05.09. Lot number 338