Fresh Links!

by Art Fag City on August 16, 2007 Fresh Links!

Modern Art Notes: Has the bubble started it’s burst?

Todd Gibson speculates that the recent meltdown in the sub prime mortgage market will effect the art market. “It takes only two people with money to push the value of Peter Doig’s work to $11.2MM [for example]…If only one of the two doesn’t have that extra $10MM…the work is no longer worth that amount.”

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