Monday, February 8, 2010

One can’t assist but wonder number of nattily decent citizens sitting countless nights at International auction houses viz. Sotheby’s, Christie’s and Phillips de Pury in coming after that two weeks. A good percentage could be of serious bidders and others would be voyeurs eager to watch an implosion of art market. It’s now being years that collectors and media have been to come for the day when prices would finally top. But this time sale houses are hopeful that time will take a toll and things will play out well as they did three months ago in London, when, in spite of global financial nausea, a Francis Bacon triptych painting fetched $51.6 million.

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