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Basel defies forecast of art market slowdown

The Basel contemporary art fair this week defied forecasts of a market slowdown, with wealthy collectors buying works with seven or eight-figure price tags. Some 284 galleries representing more than 4,000 artists are represented at the fair in the Swiss city, which for one week every year becomes the centre of the global contemporary art market.
United States United Kingdom New York City Of Philippe Guston Clare Mcandrew
Source: tuko.co.ke

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