Summary
Last year I asked Jeff Koons what he thought of the stratospheric levels of the art market. 'You have to pinch yourself, ' he replied. Shortly afterwards, he himself briefly became holder of the title 'world's most expensive living artist' when his 'Hanging Heart' went for $23.6 million -- a paltry amount since exceeded by works by Lucian Freud and Koons himself.
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Worshipping a Golden Calf
Journalists arriving for the press view of Renaissance Faces at the National Gallery last week were greeted by placards. Why, the slogans asked -- you might think reasonably enough -- could that institution not pay its staff a little more, given that it was contemplating paying £50 million each for a couple of Titians?
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