Art has become a major part of our everyday life and environment that we cannot do without. Art forms vary across different countries, cultures and communities, adding color to our surroundings. In the world today, art business is a major economic force with great worth attached to it by all and sundry. Gone are the days when art pieces are…
This month, a contemporary art sale at Christie’s in New York brought in $495 million—the highest total in auction history. The sale included works by Jackson Pollock, Roy Lichtenstein and Jean-Michel Basquiat, establishing a total of 16 new world auction records, with nine works selling for more than $10 million and 23 for more than $5 million. The astounding success…
