Pursuits
Price Warning Issued Before $169 Million Warhol, Hirst Art Sale
This article is for subscribers only.
Contemporary art has become a more risky investment, according to a survey published before the next big test of the auction market starting today.
Research company ArtTactic’s findings raise concern at the sustainability of the recovery in prices after recent sale flops. Works by Andy Warhol and Damien Hirst will be among 112.4 million pounds ($169 million) of art on offer from this evening in London.