This morning's New York Times published the following article about the demise of desire for artworks by modern masters, such as Giacometti and Picasso (see: http://www.nytimes.com/2009/05/06/arts/design/06auction.html), as perceived by their inability to sell as successfully as they have in years past. At a time when contemporary art is enjoying a surge of well-deserved attention, with works by luminaries such as Jeff Koons and Damien Hirst, competing in the millions of dollars bracket, so other urban artists such as Shepard Fairey and Ellis Gallagher, and the argument that begs the question: Is it time for collectors to look at the contemporary artists as a serious investment option?
5.06.2009
Modern masters - is it time to revisit collections?
This morning's New York Times published the following article about the demise of desire for artworks by modern masters, such as Giacometti and Picasso (see: http://www.nytimes.com/2009/05/06/arts/design/06auction.html), as perceived by their inability to sell as successfully as they have in years past. At a time when contemporary art is enjoying a surge of well-deserved attention, with works by luminaries such as Jeff Koons and Damien Hirst, competing in the millions of dollars bracket, so other urban artists such as Shepard Fairey and Ellis Gallagher, and the argument that begs the question: Is it time for collectors to look at the contemporary artists as a serious investment option?
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment