09-13-2007, 04:44 PM
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So Fucking Gay
Join Date: Nov 2004
Posts: 19,714
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Quote:
Originally Posted by Libertine
Oh, great. The silly fag speaks up.
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I happen to have a rather extensive art collection containing many ORIGINAL Picasso drawings. I'm rather well versed.
I agree that certainly final auction prices at Sotheby's or the like, and high end gallery sales, delimited the high end of the piece's value. In fact, those prices are what professional appraisals are based on. This is what the piece could be expected to sell for at auction or high end commercial gallery.
I think where we differ, is that you're assuming these pieces were bought at a high end gallery or auction. When if fact, the situation is more similar to a brokered deal on the "secondary" art market.
As for increases in value, certainly no one can predict that with any certainty. I agree with you there 100%. But it's certainly been the case that the art market has been trending upward, and not the other direction. 
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