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From the Editor & Publisher
While many state art is a luxury item that can only be purchased by the elite and there are collectors of lesser means still buying. It is true attendance is down at most auctions and shows this year, but foot traffic does not equal to sales. Despite tough economic times seasoned collectors are still buying and looking for opportunities that may have not previously existed. Some artist have lowered prices with their painting and sculpture and realize it is better to make less money on a sale than to have no sale at all.
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