Jerry Saltz remains conflicted about the Warhol market. On the one hand, he’s with Warhol as an artist. After all, Saltz and Warhol are on a first name basis. But he’s not so crazy about base rich folks “owning” his artist and predicts that they’re enthusiasm for the artist will end badly:

Warhol, a collector himself, would revel in the speculation, spin, and trophy-hunting that now accompanies the buying and selling of his work. He loved making money, and he loved making the moneybags dance for him. He loved shopping, celebrating celebrity, and being original by being unoriginal. He also condoned acting out; that’s what is going on here too, of course. Someday, when fashions change and the Warhol bubble deflates, some of these same people will wonder why they let themselves get caught up in such a ridiculous business.

In the Future, Every Millionaire Will Buy and Sell 15 Warhols (New York Magazine)