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The halls of Art Basel, the world's largest contemporary art fair, brim with elegantly dressed collectors all searching for something special – and, increasingly, financial investors just after a good deal.Seated among plush cushions in Art Basel's luxurious VIP lounge, the head of UBS' art sponsorship, Peter Dillon, said the bank – a long-time backer of the fair and a collector with 30,000 pieces to its name – tried to keep its finger on the pulse of the global art market.Not everyone appreciates the detached investor's take on art exhibited at the fair.A visitor assesses "Ear with Axe," by US sculptor Robert Gober on the preview day of Art Basel, June 17 .While the show is important, Spiegler said the value of all the works combined there was "only" around $2.0 billion, a fraction of the estimated $51-billion global annual art market.Visitors assess marionettes from Wael Shawky's "Cabaret Crusades" project, at Art Basel's "Unlimited" exhibition.Still, Art Basel is not only for the big spenders.
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