newsfrom...201102

Although the relation between an auction estimation and its results just tend to measure the quality for which the auction houses estimate the economic value of an artwork, here is a graphic representing that same correlation in last week's London Contemporary Art evening sale at the three major auction houses, Sotheby's, Christie's and Phillips de Pury. Can we ask, «is the art market entering a new age of volatility?» The answer looks that the art market is back on a sable but growing path.