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Old 1st October 2007, 12:08 PM   #1 (permalink)
Allegra
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Contemporary art prices 'up 55%'

BBC NEWS | Entertainment | Contemporary art prices 'up 55%'

Quote:
The value of contemporary art has risen by 55% in a year, according to a study of auction sales from around the world.

The annual Hiscox Art Market Research report also claimed modern art, produced from the late 19th century to the 1970s, has jumped in value by 44%.

The world's most expensive piece of contemporary art went for £50 million in August - a diamond-encrusted skull by Damien Hirst.
(Oh the diamond skull crap again )
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