Collectors Buy $2.3 Billion of Art in Two Weeks in N.Y.– the final numbers are dizzying … it really makes y one wonder how high this can go; or how long this can last? The last part of the article is very interesting … the writer talks about the sale at Phillips and how they are always bringing very young artists to the secondary market. Of the 39 works offered for sale, 13 were created since 2010 — sometimes it works and sometimes it does not. Oh, there was a piece by Lucien Smith (b.1989) which carried a $100-$150K estimate … the painting did not sell.
Willem de Kooning