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Art auctions follow up

What will be sold this week or month ? Does the financial crisis will affect the Art & antiques market?

Website: http://www.artvalue.com
Location: Paris - France & Luxembourg
Members: 6
Latest Activity: Mar 26, 2013

Hi, first post !

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, Sotheby'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.

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