Cont. Art at New Normal?

New York Contemporary Sale 2002-2009

The chart above shows the long-term totals for Contemporary art sold in New York over the last five years. You can see the pronounced jump in 2007 and the first half of 2008 that represents the contemporary art bubble in all it’s glory. Behind the paywall, we do a more detailed analysis of auction totals and where we stand against the “new normal” in art sales.

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