Are Art Flippers Inflating The Market For New Work? Naaah

“Soaring prices and quick resales, especially of work by emerging artists, have fueled a perception that a new breed of collectors, fond of flipping art as they would a stock, have overtaken the market. … But separate statistical analyses conducted for The New York Times by two companies that specialize in evaluating art market data indicate that the hand wringing may be premature.”

source ArtsJournal http://ift.tt/1mLziV6

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