Pursuits
Art Prices Return to Near Peak Levels, Collector Rachofsky Says
This article is for subscribers only.
The market for contemporary art is more resilient than it was three years ago, according to Dallas-based collector Howard Rachofsky.
The former hedge fund manager, who with his wife Cindy is one of the art world’s best-known buyers, spoke after auctions showed some contemporary prices returning to their peak levels, defying nervousness in the wider economy.