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Works by contemporary artists born after 1945 generated $17.2 billion in worldwide auction sales last year, a 39 percent increase from 2012, according to figures just released by the French database Artprice. “These prices are being driven by excess cash,” said Anders Petterson, the founder of ArtTactic. “The wealthy get a lot of social prestige out of buying these works. But if prices rise too much, this clique could lose interest and move on to something else, and if they lose interest, a lot of other people would lose interest as well.” More>>
Read Gen. Russell Honore's statement supporting the Flood Authority suit Here. 
From Nola Vie
by Brianna Smyk
In 2007, Banksy focused his social commentary on New Orleans, when he painted a series of street art pieces around the city. These pieces marked the second anniversary of Hurricane Katrina and attempted to refocus national awareness on New Orleans. Now, four years later, some of the pieces have been painted over, while plexiglass coverings protect others. These plexiglass coverings broach a discussion about the ephemeral nature of street art. It originally is created to be temporary, but in the wake of its increasing popularity (due to its high selling prices in auction houses and galleries, as well as its inclusion in recent museum exhibitions), people are finding better ways to preserve street art. But that is a conversation for you to have during your own tour. More>>
The texts and images on the back of Tibetan art objects reveal clues to their meaning, function, and historical context. Here both sides of a select group of paintings, sculptures, and initiation cards will be explored in detail. Chosen for their beauty, content and the complexity of their backs, these works of art dating from the 13th to the 19th century illuminate the many uses of the other side in Tibetan culture. More>>
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