Thursday, May 31, 2007

$2.3 million for a Two Inch Chair: I Told You the Auction Market is Crazy

A couple weeks ago, I wrote about the outrageous prices that art and collectibles were selling for at auctions. At a Sotheby's (BID) auction, a two inch high Faberge chair sold for $2.3 million. Sotheby's trades on the New York Stock Exchange.

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