The art market juggernaut thundered on last week with Sotheby’s and Christie’s competing with each other in what can only be described as an art feeding frenzy.  People may write endless speculation as to the motivation and identity of the buyers of all this modern and contemporary art but the only certainty is that
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Christie and Sotheby’s achieved a billion dollars in sales this week in two New York record sales of contemporary art.  This area of the art market suffered badly in the early days of the recession but appears to have made a stellar recovery.  However, many dealers are nervous about these astonishing prices being paid whilst
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