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Tracy Frost

OPINION - Why Auctions Thrive In A Bad Economy

Posted on October 17, 2008 at 12:25 PM.

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As luxury consumers lose their liquidity, they tend to start considering other forms of investments that can hold their value in bad times--and skyrocket in price when times are good. Contemporary art is a prime example.

Why Auctions Thrive In A Bad Economy (Forbes)

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