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In early 2005 Richard Polsky decided to put his muchloved hardwon WarholFright Wig up for auction at Christies the market for contemporary art wasrobust and he was hoping to turn a profit. His instinct seemed to be on targethis picture sold for 375000. But if only Polsky had waited . . . Over thenext two years the art market soared to unimaginable heights withmultimilliondollar sales that became the norm and not the exception. Buyersand sellers were baffled art dealers were being bypassed for auction housesand benchmark prices were on a sharp ascent. Had the art market lost allreason? In I Sold Andy Warhol Too Soon Polsky leads the way through thistumultuous time in the art world when the market took off to meteoricproportions when a day late a dollar short were the words on everyoneslips. He delves into the behindthescenes politics of auctions the shift inpower away from dealers and galleries and the search for affordable art in arich mans market. Unlike most in the art world Polsky is not afraid to tellit like it is as he negotiates deals for clients in New York London and SanFrancisco and seeks out a replacement for his lost Fright Wig. Thiscompelling backdoor tellall about the strange and fickle world of artcollecting will leave you nostalgic for the days when SoHo was an art meccainterested in contemporary artists making their mark today and knowledgeableabout auction house strategies and the current market stakes. «
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