There’s a lot of talk about art market recovery, especially as generated by the auction houses. And each time a record hammer price is hit (like Tuesday’s $106.5 million Picasso’s 1932 “Nude, Green Leaves and Bust.”), the media jump on it, eager to announce that it’s a sign that the market is recovering. But we’ve really become very excited over the teeniest hint of growth, as you can see by this nifty chart that I frankensteined together from three Art Price.com charts.
The Art Machine 