"That's what Art Basel Miami Beach organizers and galleries are expecting. They say recent auctions and art fairs have indicated that collectors are again acquiring high art and that they are not afraid to reach into their pockets and spend money this year during the fair, which opens Thursday.
"It was quite clear that the American collectors were back and participating," Bonnie Clearwater, director of the Museum of Contemporary Art in North Miami, said. "So, there seems to be a lot of optimism."
"I think they are buying again," said Steven Henry, director of the Paula Cooper Gallery in New York. "I wouldn't say the market has rebounded in full. ... I think what you are seeing is slightly more confidence in the economy."
Viva el arte de cabusrri>Entertainment | Art Basel Miami Beach galleries expect collectors