Skate’s: Can Picasso Sell-Off Damage the Global Art Market? No

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Picasso and art marketThe New York Times published a long article on February 4 detailing the plans of Picasso’s heir, his granddaughter, to accelerate sell-off of her treasure trove of Picasso paintings (about 10,000 according to the newspaper) and suggesting that this can significantly disturb the art market. While indeed any oversupply can damage the price, Skate’s crunched the numbers for Picasso market to see what effect this accelerated sale might have.

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