Could the art market be undergoing a fundamental restructuring?
2010 will be a year of continued reshaping: auctions will remain smaller and private sales will be preferred by many collectors
By Michael Plummer and Jeff Rabin | From issue 209, January 2010
Published online 29 Jan 10 (opinion)
AMR Contemporary Art 100 Index
In 2005, due to the timely convergence of several factors, the art investment story started gaining traction. A substantial increase in art prices sparked investment ambitions and led outsiders to take note. An excess of global liquidity and the allure of alternative investments combined to attract a new breed of buyer—the “investor-collector” and the “speculative-
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