Hello all, let's start to scan together the art & auctions market.
What will happen next ? Is it over or will art become a refuge value?
Why are prices so high ? Do some of the artists' artworks really deserve to be priced at this level?
What gives a value to an art work? Popularity? Auction houses? Galleries? Artists themselves?
As Damien Hirst auctionned at Sotheby's his last works without his gallery's support, as this spring's auctions raised at a new level of high prices, and with this autumn important auctions about to come in London (Christie's
), is the art world promised to a nice future?
Damien Hirst's Golden Calf
sold for £10,345,250 in September at Sotheby's
Bacon's Portrait of Henrietta Moraes to be sold at Christie's on October, 19th, estimated £5,500,000 - £7,500,000.