The hard reality of the art market at auction

Looks like Lorreta Lux photographs are going through some serious art market devaluation. I mean, before the art market bubble bursted an, 8x10 inches photograph of hers will command up to $72,000.00 USD @ auction. Now a humble and still over hipped estimate of $7,000.00-9,000.00 . Oh... they also ended up on display on the staircase where nobody wants to trip on their Manolo's to catch a glimpse of them. Glamour takes a fall? Meow!