{"id":17610,"date":"2014-11-19T13:01:56","date_gmt":"2014-11-19T13:01:56","guid":{"rendered":"https:\/\/rehs.com\/blog\/?p=17610"},"modified":"2024-02-07T03:46:24","modified_gmt":"2024-02-07T08:46:24","slug":"collectors-buy-2-3-billion-of-art-in-two-weeks-in-n-y","status":"publish","type":"post","link":"https:\/\/rehs.com\/eng\/2014\/11\/collectors-buy-2-3-billion-of-art-in-two-weeks-in-n-y\/","title":{"rendered":"Collectors Buy $2.3 Billion of Art in Two Weeks in N.Y."},"content":{"rendered":"<p><a href=\"http:\/\/www.bloomberg.com\/news\/2014-11-14\/collectors-buy-2-3-billion-of-art-in-two-weeks-in-n-y-.html\">Collectors Buy $2.3 Billion of Art in Two Weeks in N.Y.<\/a>&#8211; the final numbers are dizzying &#8230; it really makes y one wonder how high this can go; or how long this can last? \u00a0The last part of the article is very interesting &#8230; the writer talks about the sale at Phillips and how they are always bringing very young artists to the secondary market. \u00a0Of the 39 works offered for sale, 13 were created since 2010 &#8212; sometimes it works and sometimes it does not. \u00a0Oh, there was a piece by Lucien Smith (b.1989) which carried a $100-$150K estimate &#8230; the painting\u00a0did not sell.<\/p>\n<p>&nbsp;<\/p>\n<div style=\"width: 278px\" class=\"wp-caption alignleft\"><a href=\"http:\/\/www.bloomberg.com\/news\/2014-11-14\/collectors-buy-2-3-billion-of-art-in-two-weeks-in-n-y-.html\"><img decoding=\"async\" class=\"\" src=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2014\/11\/ioPDTiC0zTPs.jpg\" alt=\"ioPDTiC0zTPs\" width=\"268\" height=\"306\" \/><\/a><p class=\"wp-caption-text\">Willem de Kooning<\/p><\/div>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Collectors Buy $2.3 Billion of Art in Two Weeks in N.Y.&#8211; the final numbers are dizzying &#8230; it really makes y one wonder how high this can go; or how long this can last? \u00a0The last part of the article &hellip; <a href=\"https:\/\/rehs.com\/eng\/2014\/11\/collectors-buy-2-3-billion-of-art-in-two-weeks-in-n-y\/?contemporary=N\">More&#8230;<\/a><\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,1],"tags":[20],"class_list":["post-17610","post","type-post","status-publish","format-standard","hentry","category-rehs-galleries","category-rehs-contemporary","tag-auction-results"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.7 (Yoast SEO v28.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Collectors Buy $2.3 Billion Of Art In Two Weeks In N.Y.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/rehs.com\/eng\/2014\/11\/collectors-buy-2-3-billion-of-art-in-two-weeks-in-n-y\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Collectors Buy $2.3 Billion of Art in Two Weeks in N.Y.\" \/>\n<meta property=\"og:description\" content=\"Collectors Buy $2.3 Billion of Art in Two Weeks in N.Y.&#8211; the final numbers are dizzying &#8230; it really makes y one wonder how high this can go; or how long this can last? 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