Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

Serial Acquirers

March 6, 2009 by Marion Maneker

Alexandra Peers covers the Amory Show and its satellites for New York Magazine and determines that buyers are looking for multiples which sell at a lower price point:

Not that art didn’t sell — it definitely did. But what’s selling, at the Armory and other fairs, is mostly multiples, the limited editions that cost less than one-of-a-kinds. Hank Willis Thomas, a star of the Rubell Collection show of Black art in Miami, had one of the sensations of the Armory with his artificially aged eighties photo of Michael Jackson from Ebony magazine called Time Can Be a Villain or a Friend. At prices of $22,000 and $8,000 (by size), two had sold and more were on reserve by early evening, according to Katie Rashid, director of Jack Shainman Gallery.  [ . . . ]

Artist Angel Orensanz, who runs an art foundation with spaces in New York, Paris, and Madrid, said he bought a Joel Shapiro multiple from Knoedler for about $25,000. “It’s philosophical, melancholy.” Said Whitewall magazine publisher Michael Klug: “Some people are feeling a little sad, but they’re nicer to each other.”

Window Shoppers Descend on Armory Art Show (New York/Daily Intel)

More from Art Market Monitor

  • Emerging Dealers See Swift Sales at an Online-Only Edition of Hauser & Wirth’s June Art FairEmerging Dealers See Swift Sales at an Online-Only Edition of Hauser & Wirth’s June Art Fair
  • Swiss Satellite ActionSwiss Satellite Action
  • Scenes from the Jo'burg Art FairScenes from the Jo'burg Art Fair
  • The Banksy BacklashThe Banksy Backlash
  • Jo'burg Art Fair in One StopJo'burg Art Fair in One Stop
  • Vernissage TV Interviews Heide HatryVernissage TV Interviews Heide Hatry

Filed Under: Uncategorized Tagged With: Art Fairs

About Marion Maneker

LiveArt

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor