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In Gun-Shy Art Market, Bellwether Auctions Decline More Than 50%

May 16, 2016

Here is a nice overview of last week’s sales in New York by Katya Kazakina.  As I have always, results will be dependent on the level of art that is being offered.  Without those BIG lots, there is just no way the salerooms could match some of their past results.  What is important to note is that more than $1.1 billion of art changed hands last week and that is still a great deal of money.  Good works that are priced appropriately will sell! For more of Katya’s report, click HERE.

 

 

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