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A touch of red helps global art market boom

Started by riky, January 31, 2014, 09:00:12 AM

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riky

A touch of red helps global art market boom

<p><a href="http://news.yahoo.com/touch-red-helps-global-art-market-boom-142803695.html"><img src="http://l1.yimg.com/bt/api/res/1.2/MSAoly_UUAHBM_GE09LXaA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/35ef601918894e044a0f6a706700d8fa.jpg" width="130" height="86" alt="A Sotheby's employee poses for photographers with 'Wand' by Gerhard Richter, center, 'Mao' by Andy Warhol, left, and 'Rosso Plastica' by Alberto Burri on display at the auction house in London, Wednesday, Jan. 29, 2014. The paintings are to be auctioned in Contemporary Art sale on Feb. 12 with an estimated price of 15 to 25 million pounds (US$24.8 to 41.4 million or 18.2 to 30.3 million euro) for 'Wand', 5.5 to 7.5 million pounds (US$9.1 to 12.4 million or 6.7 to 9.1 million euro) for 'Mao' and 2 to 3 million pounds (US$3.3 to 5 million or 2.4 to 3.6 million euro) for 'Rosso Plastica'. (AP Photo/Sang Tan)" align="left" title="A Sotheby's employee poses for photographers with 'Wand' by Gerhard Richter, center, 'Mao' by Andy Warhol, left, and 'Rosso Plastica' by Alberto Burri on display at the auction house in London, Wednesday, Jan. 29, 2014. The paintings are to be auctioned in Contemporary Art sale on Feb. 12 with an estimated price of 15 to 25 million pounds (US$24.8 to 41.4 million or 18.2 to 30.3 million euro) for 'Wand', 5.5 to 7.5 million pounds (US$9.1 to 12.4 million or 6.7 to 9.1 million euro) for 'Mao' and 2 to 3 million pounds (US$3.3 to 5 million or 2.4 to 3.6 million euro) for 'Rosso Plastica'. (AP Photo/Sang Tan)" border="0" /></a>LONDON (AP) â€" Sales next week at London's Sotheby's and Christie's auction houses are expected to generate at least 400 million pounds ($658 million), as the top-end art market puts the global financial crisis behind it.</p><br clear="all"/>

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