Stockpiling The Past For The Future?
Modern Gems Help South Asian Sales Sparkle
When the art market took a big hit from the recession two years ago, collectors, private dealers and gallerists took refuge in self-imposed austerity plans or investments in “quality” works of art only. While the auction houses have weathered the downturn, the trend for buying fail-proof names continues. This much was evident at Christie’s and Sotheby’s London June sales of South Asian…