NEW YORK, (REUTERS).- Fueled by
international
collectors and Wall Street investors reaping soaring profits, the
beaten-down
art market appears poised for a remarkable comeback after an 18-month
stumble.
Rare buying opportunities to buy works by such modern masters as Jasper
Johns
and Mark Rothko will spur stiff competition and hefty spending by
deep-pocketed
collectors at the critical spring sales hosted by auction powerhouses
Sotheby’s
and Christie’s, art experts predict. “You’re going to see records set,”
said
Baird Ryan, managing director of the private financial and consulting
services
firm Art Capital Group.