NEW YORK (Reuters) - Artists and gallery owners have their fingers crossed at New York's Affordable Art Fair this week, waiting to see how the economic downturn（低迷时期） affects sales of their work even as demand in the high-end（高端） market breaks down.

　　Taking place for the eighth year, the fair aims to lure new art buyers and longtime patrons（赞助人） with prices ranging from $75 to $10,000. Most of the work is priced at $5,000 or under

　　③Despite the "affordable" tag, attracting buyers is still a daunting task when consumers are turning down anything expensive or unnecessary in the economic depression.

　　About 64 galleries are participating in this year's affordable art fair, down from 70 last year. The fair opened in Manhattan on Thursday and ends on Sunday.

　　Jenny Hirst, an artist from Manchester, England, who exhibited her work at the namesake fair in London and was attending the New York show, said the demand for affordable art "is struggling a bit."

　　"They (consumers) say it is nice, but walk away instead of pulling out their checkbooks," said Hirst, referring to art buyers.

　　The economic downturn has ravaged the high-end art market. Sotheby's posted a 71 percent drop in auction sales in the past quarter, while some experts say demand is rare, or in the best case, scarce for expensive art.

　　"I don't think it's that people are saying, 'I can't spend a million dollars so I'll go out and spend $500,000,'" said Constance Kamens, a private art dealer and appraiser(评价者).

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