Why Care About Art Auction Prices?

"The reporting of art sales - and beyond that, the figures themselves - create totally false narratives of the supposed value of art. Prices are given historic significance. Does it mean anything that Picasso is now so expensive? Did it mean anything when Klimt set a record? Does it tell us anything profound about our society if rich people buy contemporary art in preference to Old Masters, or vice versa?" [Read Full Article]

Published By: The Guardian (UK)
On: 05/05/11
Website: http://www.guardian.co.uk/


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