Auction Houses Ask Record Prices For Picasso And Others. Spring Sale: $2.3 Billion Of Art

The Wall Street Journal – May 6, 2015

Spurred by the momentum of several successful sale seasons and an influx of newly wealthy global bidders, the major auction houses – Sotheby’s,  Christie’s International and boutique auctioneer Phillips – say demand for status art is at historic levels and shows no signs of tapering off.

What billionaires see in their artsy prism,
Is a personal form of “IMPRESSionism.”

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