Actually its the opposite  - more and more people speculate in the hopes of
buying cheap and selling dear - in the 80s this manifested itself in people
buying work from graduate students about to graduate


On 11/15/10 3:29 AM, "joseph berg" <[email protected]> wrote:

But because of their desire (obsession?) to keep raising the value of the
artwork they bought, don't investors/speculators eventually drive out the
collectors who, over time, find that collecting becomes less and less
affordable because of inflated prices?

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