Thanks to ArtsJournal.com...
Since the economy is booming, the art market is apparently very hot. The secondary art market that is!
A while back I had a rant about wealthy DC area people and their art collecting habits.... from my viewpoint (and generalizing).
Another case in point. Our recent Three Cuban Female Photographers show was a spectacular success. It received a couple of nice reviews in the press; it was one of our most visited shows ever, and it sold well.
All but one of the sales was to someone not from around here... New York, Great Britain, etc. Sales to private collectors and museums alike.
With the exception of one very sharp collector, and although the show was very heavily-attended by locals, only one photo was sold locally.
The price ranges were $600 to $1500, which for contemporary photography, by photographers in museum collections worldwide, is more than a fair price.
Saturday, March 27, 2004
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