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The global recession has definitely affected art sales online and off. What will be interesting is to see how art sales evolve in a Web 2.0 environment after the recession is safely over. An article in the New York Times from 2007 notes, “New works, even in the six-figure range, are selling by digital image alone.” We can expect that digital images will become more accepted as a medium for advancing sales in the art market. eBay continues to be the largest art marketplace but most of the art on eBay is sold for significantly less than other online auctions and galleries.

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