Antique marble fireplace

EARCEOLD PEARCE HOLIDAY FESTIVAL: Join artists, crafters and antiquers on Nov. 28-29, the Friday and Saturday after Thanksgiving, from 9 a.m. until 5 p.m. for the Old Pearce Holiday Festival, in the authentic old west ghost town of Pearce, Ariz. Shop for those unusual handcrafted Christmas gifts. Enjoy entertainment by the Bost Family Tradition and the Dragoon Mountain Boys; performances by Pearce's own dance troup, the Trashy Women of Cochise County; blacksmithing demonstrations; an antique engine display; a petting zoo and mouthwatering food and refreshments. All shops in town are open.The Old Pearce Mercantile is open both days free to the public, with new displays documenting the history of Pearce.For a 'True West' good time, bring your family and friends to the Old Pearce Holiday Festival! Free admission and free parking.

Why is it that we continue to use auction results as an indicator of the health of the art market when they are obviously not an accurate representation of the health of the art market and do not reflect the sentiment and actions of buyers and sellers who are making transactions via fairs, galleries or brokers. At the moment sellers are abandoning the auction houses because they dont want to risk having their works not sell or sell for below the estimate. Either of these two scenarios would be obviously detrimental to peoples perception of the value of the a particular work especially if the work was valuable enough to warrant media reports on the auction result. If sellers are making alternative arrangements to sell their work then there will obviously be a negative effect on the art auction industry yet no-one seems to be taking this into account when reporting on auction results. If auction results were to be used as an indicator of the state of the art market then wouldnt the reserves and estimates have to remain the same as they were prior to the financial crisis taking hold because by lowering the estimates and reserves the auction houses are manipulating peoples perception of the auction results by using what is effectively a tactic employed by the auction houses to lure bidders

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