Tag: Bloomberg
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Does the economic turmoil hurt the art market?
Bloomberg is reporting that sales are down at Chelsea Galleries. Cristina Delgado, a New York-based art adviser is quoted in the article as saying: “My clients are sitting tight and they want to see what happens in the next six to eight months.” Then she adds: “The prices for young and emerging artists have to…
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Benefits of a bad economy
One benefit of the bad economy. Less fake art is being imported from China! Read the Bloomberg article here. Copyright Leanne Goebel. May not be used without permission.