As back-to-back sales by Christie’s and Sotheby’s this month show, contemporary art at high-profile auctions is changing the complexion of interest in art.
‘Contemporary art is becoming a global language; the interest is massive,’ Francis Outred, head of evening auctions and private sales at Sotheby’s, told IANS.
‘We have seen a generational change that is certainly here to stay,’ Outred said, adding that new ‘masterpieces are created all the time.
‘We have seen a big rise in global biddings in the last two years, with buyers from China, Russia and the Middle East that are not the classic buyers,’ he adds.

Posted: 10|29|07 at 6:08 pm. Filed under: UK News.