The Art Market Is Unindexible

Amy capalazzo, formerly of southerby's and christie's auction houses. She recently cofounded a new firm called art intelligence obl focusing on asian markets. A work of art is worth whatever some one will pay for it,. until it resells, and then you know what it's really worth. This picasois a hundred million. This one's 22 on a good day. And where does that leave museums? In the days they loved to give the public a look at their collections. Here is how much more likely we are now to keep their private collection.