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Signs of Life in The Art Market.(International Edition; LUXURY)

Newsweek International

| April 06, 2009 | Seno, Alexandra A. | COPYRIGHT 2009 Newsweek, Inc. All rights reserved. Any reuse, distribution or alteration without express written permission of Newsweek is prohibited. For permission: www.newsweek.com. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Alexandra A. Seno

Nervy collectors can find plenty of great deals on fresh, top-quality works, contemporary as well as classic.

Ever so clever and tapped into the zeitgeist, the German publishing house Taschen recently sent out an e-mail blast promoting a new art book. KOONS FOR THE POOR! read the subject heading. At almost 600 pages, the book showcases the American king of kitsch art's "entire oeuvre to date, at a decidedly unKoonsian price" of $70, the e-mail read. (On Amazon, it's $44.10.) In 2007, the artist's "Hanging Heart (Magenta/Gold)" sold at auction for $23.6 million, setting the record at the time for a sculpture by a living and ...

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Source: HighBeam Research, Signs of Life in The Art Market.(International Edition; LUXURY)

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