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Old 06-06-2007, 03:04 PM
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Default Live From Sothebys

Posted By: barrysloate

If you think our hobby is bad, you should see the hoops Sotheby's and Christie's have to jump through to get great art collections.

Because of the fierce competition, they typically offer tens of millions of dollars in advance money, sometimes above and beyond a world record for a particular painter, on the hope that an even greater world's record will be set. Knowing the pressure they have to succeed, do you think those auctions are run on the up and up?

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