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A Scarcity of Goods Hovers Over Art Market
http://www.nytimes.com/2009/05/09/arts/09iht-melik9.html?ref...
Submitted by
rmaguire
6 months, 2 weeks, 5 days, 17 hours agoArt sales are experiencing an upward trend in spite of the recession. Auction house executives in New York have recently found that pieces which aren't actually that valuable are in fact selling for more than they ever have before. For modern and Impressionistic art is becoming increasingly scattered throughout the world or locked up in museums; and apparently it has nothing whatsoever to do with the recession! Some of the not-worth-THAT-much pieces were jokes or sketches done somewhat haphazardly by renowned artists like Duchamp and Pissarro.
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