Snippets of interest to lovers of Art. News about Irish Artists or otherwise. The odd rant...
Italians Buy Back Art
European art lovers and investors are taking advantage of the cheap dollar to buy back some of the hundreds of thousands of works that have crossed the Atlantic over decades. European bidders, flush with dollars, are pushing US buyers into paying prices well above estimates at US auctions. The weak dollar offers European buyers some remarkable bargains. Sources said Italians were particularly active buyers - there are plenty of works for Italians to repatriate.