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The Art of Marketing - Trends
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While the 1991 crisis made auction sales considerably more difficult, that of 2008 implies a greater degree of selectivity on the hottest segments of the market: Post-war and Contemporary art, particularly on the so-called «emerging» Asian markets. Th e new generation of collectors has invested en masse in contemporary artists with whom they feel most in sync, but they have also focused much of their cash on the most speculative signatures of the moment. This phenomenon is reflected in our ranking of the Top 10 artists of 2008 with two living artists parading alongside the worlds biggest revenue earners:
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