Experts: 2013 record year for art sales but growth slowing

A record CZK 946 million was spent at art auctions in the Czech Republic last year, the internet site Artplus reported on Tuesday. That figure represented a 7 percent year on year increase, said the site, which monitors the local art market. Previously the art market had grown at a rate of a third or more a year. Over 150 works went for CZK 1 million or more in 2013.

Author: Ian Willoughby