"If proof were needed that art cannot be an investment based on calculated risk, this is it. For the one thing that can never be forecast on the basis of rational arguments is the evolution of what we call taste or fashion."
Tuesday, 25 September 2007
A shift of interest from subtle to brutal
Souren Melikian of Art + Auction on an important work by Jean-Honoré Fragonard - a study for Le Verrou (see picture) - that didn't find a buyer at the Sotheby's Old Masters evening sale in London two monts ago: 
"If proof were needed that art cannot be an investment based on calculated risk, this is it. For the one thing that can never be forecast on the basis of rational arguments is the evolution of what we call taste or fashion."
"If proof were needed that art cannot be an investment based on calculated risk, this is it. For the one thing that can never be forecast on the basis of rational arguments is the evolution of what we call taste or fashion."
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