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Seven Celebrities Who Went from Hot Shot to Homeless

Filed under: People, The Price of FameOn the heels of the New York Post report this week that funk hit-maker Sly Stone of Sly and the Family Stone was broke and living in a van, The Price of Fame presents a tragic list of other celebrities who ended up…

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Confidence Colors Contemporary Art Market, With Record Prices Set

Andy Warhol

Andy Warhol’s Self-Portrait garnered a record $32.6 million price at Sotheby’s. It wasn’t the only record breaker at the sale, signaling buyers’ rising confidence in the market.

Continue reading Confidence Colors Contemporary Art Market, With Record Prices Set

Confidence Colors Contemporary Art Market, With Record Prices Set originally appeared on DailyFinance on Thu, 13 May 2010 16:40:00.

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Is the Art Market Bust Finally Over?

If the recent art market boom had a poster child, it may have been the British painter Lucian Freud. Before the boom ended suddenly in summer 2008, Freud’s paintings (like The Sparrowhawk, pictured here at a 2008 Christie’s auction in London) fetched sky-high prices, buoyed by an auction scene that seemed intent on adding zeroes to integers. It was stunning that any work by a living artist could fetch more than $30 million — but then the bottom fell out, the exuberance ended, and the market reeled from a year and a half of anguish.

Continue reading Is the Art Market Bust Finally Over?

Is the Art Market Bust Finally Over? originally appeared on DailyFinance on Fri, 22 Jan 2010 11:56:00.

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