An article in Barron’s reports from Art Basel Hong Kong, noting that while auction bids from Asia may have declined, collectors seem more intent on developing relationships with galleries and young artists.  “They were looking at it as an investment just to turn around and make quick money. They didn’t have any education in art.†dealer Fred Scholle says. “They’re learning the market. But now we see collectors buying because they appreciate the work.â€
Read more at Barron’s
