Arcadja

SURVEY IN THE MODERN ART SECTOR


Written by Elena Lanzanova June 24 2008

translated by Giorgina Arcuri

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If quotations for contemporary art do not seem to present symptoms of a crisis, those relative to the modern sector actually seem to be going through a moment of settlement.
The first signs of a change of course were observed in November 2007, when “The Fields (Wheat Fields)” by , auctioned by Sotheby’s New York, was withdrawn because it did not even reach its lowest estimate, which was 28 million dollars. In the same evening also “Te poipoi (Le matin)” realized by in 1892, was a disappointment.

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