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Text size [+][-]  Tuesday February 9 2010GLOBAL EDITION

Considered view
04 May 2006 20:34

From blue period to blue chip

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When asset values rise across the board, prices for fine art get an extra boost from the wealth effect of conspicuous consumption. That may explain why Dora Maar fetched $95m. At least Picasso is a blue chip. The real froth lies in the contemporary market.

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More stories by:  Rob Cox






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