Visions Art

Financial crisis looms over London art extravaganza

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Share:By Mike Collett-WhiteREUTERS October 15, 2008 LONDON – The art world descends on London this week for a packed calendar of fairs and sales, and the talk over cocktails and canapes will center on whether financial turmoil is about to end the art market’s gravity-defying boom. Values for contemporary art have set new records over […]

High art prices may disguise malaise

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Share:MIKE COLLETT-WHITE LONDON — There are enough “recession-proof,” super-rich buyers to push soaring prices for the best works of art still higher, experts predict, but the picture is less rosy at the lower end of the market.And in a world where perception is everything, values for even the world’s most sought-after artists could come back […]

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