The New Art Buyers – Going Contemporary

The taste of art buyers is changing in London. Where formerly Old Masters and Impressionists were most highly coveted, now the young and wealthy are buying contemporary. “Most people buying contemporary art in London are still foreign, but the enthusiasm has proved contagious. A new breed of rich British collectors and investors now chase work by both established and emerging artists – things that their friends can admire – rather than a Regency dining room table and chairs.”