Record Prices Mask a Tepid Market for Fine Art – interesting article by James E. Stewart about the current state of the art market … worth the read. Big numbers for the big works, but others are still in a holding pattern — something we have been saying for a long time. One really needs to dissect the auction sale’s results to get a full picture — not just read the press releases. Each month our Comments on the Art Market does just that.
At the end of the article you will see a few areas that are still affordable and stable stores of value — among them … 19th century European paintings.
Sanford Robinson Gifford
“Sunday Morning in the Camp of the Seventh Regiment.”