October 10, 2012
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What happens to the wealthy is what happens to the rest of the art world. At least, that’s what Artprice’s annual contemporary art market report suggests. Every October, Artprice publishes The Artprice Annual Report, a whopping 140-page document about trends in the contemporary art market; they look at art auction records,then talk to dealers and anybody else managing multi-million-dollar art sales to come up with a sense of the health of the market as a whole. We disagree, knowing that what happens at the auction houses doesn’t trickle down to the rest of the art world; for all its flaws, though, we enjoy reading this thing.