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Art Market
ThE ArT mArkET in 2012

A dialogue between East and West

SOMMAIRE
Editorial . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . page 5 Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . page 6 Understanding this period of transition . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . page 7 Chapter I The Art Market in the West by Artprice.com . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . page 11 Selling at what price? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . page 12 Marketplaces . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . page 13 The most profitable segments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . page 17 London and New York: Highlights of the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . page 19 Top 10 Western artists in 2012 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . page 26 Chapter II The Art Market in China by Art Market Monitor of Artron (AMMA) . . . . . page 32 Scale: first signs of abatement following a three-year boom, and a rational restructuring of sales patterns . . . . . . . . . . . . . . . . . . . . . . . . . . .

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