Tuesday 28 November 2006

Xu Beihong update

Xu Beihong - Slave and Lion (1920's)ArtDaily reports that Xu Beihong's Slave and Lion sold for more than US$7 million at Christie’s Hong Kong 20th Century Chinese Art sale! Okay, this painting was good enough to catch my eye, but US$7m for a work from the 1920's, by a minor artist, worth probably about £20,000! Such prices are insane. I repeat Coxsoft Art's advice to UK galleries. If you spot something like this in a car boot sale for 50p, buy it!

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