London art dealer Ben Brown puts photos of the Royal Wedding up for sale today. In one, Prince William is leading a conga dance, followed by his bride Kate and Elton John . In another, the happy couple cut the cake while Corgi dogs forage for food and Queen Elizabeth looks bored.
As the fine art market rebounds from a two-year slump, investors should consider what happened when two established appraisers were called upon to place a value on Hole and Vessel II, an abstract sculpture by Anish Kapoor .
Works by Andy Warhol and Jeff Koons boosted a 45.6 million pound ($68.2 million) sale in London last night, settling nerves in the market for contemporary art as almost half the successful bids were above presale estimates.