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New York sales down by half as confidence leaves the contemporary market

17 November 2008

THE latest series of contemporary art auctions in New York showed how much the market has fallen since its peak. With sale totals down well over 50 per cent from last year’s autumn series held at the height of the boom, the extent of the damage caused by the current economic distress and diminished confidence amongst buyers was manifest. The question now is will prices stabilise or fall further?


Contemporary sales in New York total close to $1bn

19 May 2008

THE gargantuan sums of money being spent at the top end of the contemporary art market continued unabated as the latest sales series in New York saw a staggering overall premium-inclusive total of $990m.

Time to go it alone

08 March 2005

NEWS too, of confident moves in the fine art trade. After a career in the London art world spanning some 45 years, Martin Summers has, just after his 66th birthday, set up his own gallery and dealership, Martin Summers Fine Art Ltd, at 54 Glebe Place in Chelsea.

The turn of the tables

09 October 2003

According to Themes & Variations, the West London dealers in 20th century decorative arts and contemporary design, for the past three decades minimalism has developed alongside a taste for baroque extravagance, but without converging.