For collectors feeling flush and looking to buy, this week is a shopping paradise: Frieze, Nada, and the other assorted art fairs and flashy gallery exhibitions going on. But the news will always come from the auction houses, which are confident they'll surpass their record-setting $1.2 billion haul from last November’s sales of postwar and contemporary art. They are likely to succeed, thanks in part to “Looking Forward to the Past,” a stand-alone auction of mixed modern and contemporary material at Christie’s tonight that could reel in a half-billion dollars. The main evening sales — on Tuesday at Sotheby’s, Wednesday at Christie’s, and Thursday at Phillips — are peppered with major works by Francis Bacon, Jean-Michel Basquiat, Lucian Freud, Sigmar Polke, and Christopher Wool, with added spice from newer names like Seth Price, Adrian Ghenie, and Tauba Auerbach.But the market’s frothy churn means there are few deals to be found.
- 5/11/2015
- by Sarah P. Hanson
- Vulture
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