It’s all a matter of time until the art market goes belly up, according to some commentators. Or not, according to Marion Maneker on Slate. But I still can’t help but wonder, whether it goes up or down, how its really going to affect those of us in more modest price ranges. Almost all of the predictions are based on auction results from the big name houses. But what are we to think when a print sold on 20×200 sells out in 6 minutes? Will the art market going bust extend that time to 12? If it gets stronger, will it decrease to 3?
Art Market Doom Watch
Tuesday, April 29th, 2008 - Nicholas Calcott