Jeff Koons Baroque Egg with bow sold for $5,458,500 last night in 2007 one of his six hanging hearts sold for $23,600,000
FADwebsite favourite Ben Lewis over at The Times has written an article about how the art market was manipulated to ever higher levels and how it was always destined for collapse,view it: here
Ben Lewis’s documentary The Great Contemporary Art Bubble is on BBC4 on May 18 at 9pm.