So the fall auctions are winding up and guess what? Everything sold for lots of money. More than I can afford. People aren't talking about a bubble anymore.
Yet another article in the New York Times will have art world insiders bristling, at least those who are clinging to the idea that their insider knowledge still retains the same indispensable cachet with collectors. It seems that David W. Galenson an economics professor at the University of Chicago has done a study which concludes that the most valuable of an artist's works are either done very early in his or her career or very late. In his book, Old Masters and Young Geniuses, Galenson spends 252 pages proving his point.
While you are picking up Galenson's book, check out Collecting Contemporary by Adam Lindeman another recent release that's full of interesting info.