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Chinese Art Booms at London Sales

But prices for Western art shaky as buyers get credit-crisis jitters

By Jason Farago, Newser Staff

Posted Oct 16, 2007 9:40 AM CDT

(Newser) – Could turmoil in the financial world trigger an art market crash? That was the question on everyone's mind in London over the weekend during the Frieze Art Fair and the first major sales at Christie's and Sotheby's since the credit crisis. Though the fairs and... Read full story »

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Chinese Art Booms at London Sales

But prices for Western art shaky as buyers get credit-crisis jitters

art market • London • art • Sotheby's • auction • painting

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More Newser Stories

London Art Sales Soar

Bacon tops Sotheby's contemporary auctions; London shows new art-market clout

Art Market Stalls at Grim Fall Sale

Malevich sets record, but Sotheby's has a slow night in New York

Sotheby's Pulls $30M Picasso on Market Jitters

Top lot in Nov. auction withdrawn as seller panics

As Stocks Slide, Hirst Auction Breaks Records

Unprecedented one-man auction exceeds high estimate

Bacon Breaks Record as Art Market Sizzles

Artist's 1976 masterpiece sells for $86M at red-hot Sotheby's sale

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