TULIPMANIA? MORE SIGNS OF THE IMPLOSION OF CONTEMPORARY ART-THE APOCALYPSE HAS BEGUN

Can the contemporary art market keep climbing?

 

Some experts expressed reservations about the likelihood of continued growth. Longtime New York dealer David Nash, director and co-owner of the Mitchell-Innes & Nash gallery, who called last week’s results  “phenomenal,” acknowledged that “it’s definitely a new era. But whether that will last for the next sale or the one after that,” he said, “I don’t know.”

He added, joking, “I had this idea I would go to the auction and ask if I could pay with tulip bulbs.”

 

http://www.blouinartinfo.com/news/story/986853/billion-dollar-question-can-contemporary-art-keep-climbing

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