NEW YORK, NY.- Less than two years after a precipitous fall, the art market is flexing its muscles again, emboldened by recent auction records and an influx of determined international collectors rich with cash. With two works breaking the $100 million mark this year, auction houses Christie’s and Sotheby’s have convinced such owners of rare and never-auctioned fine art as Steve Wynn that it is a good time to sell — and reap tremendous profits. Hordes of wealthy new buyers, ready to spend and anxious to build collections, are injecting life into a market hard-hit by the global financial crisis, experts said. “The whole market has changed,” said Philip Hoffman, chief executive of The Fine Art Group, a London-based art investment house. “There’s a huge new group from six or seven countries who are shifting the market.” New collectors from Russia, India, China and Hong Kong, and Mideast wealth centers such as Qatar and Abu Dhabi have made fortunes in oil, gas or commodities such