Stars of the Art Market Boom Lose their Luster
Tuesday, January 5th, 2010Looks like the superstars of contemporary art of the last 10 years have not resisted the economic crisis, and it will take them a couple of years to get back on the wagon. According to Bloomberg’s analysis, certain works by Jeff Koons and Damien Hirst have descended up to 50% of their market value, dethroned by works of modern artists, old masters and Asian art.[...]










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