Before The Art Bubble Burst, It Was An Astonishing Year
"Art prices extended a seven-year surge for much of 2008, with a Claude Monet painting of water lilies, Lucian Freud's portrait of a civil servant called Sue and a Francis Bacon triptych setting records. A 111.5 million pound ($162 million at current rates) sale of Damien Hirst works in September featured pickled unicorns, flying pigs and a golden calf with 18-carat hooves and horns." Then, of course, everything changed. Bloomberg 12/30/08

Posted December 29, 2008 08:06 PM