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Art Market Snapshot

MODERN & CONTEMPORARY SPRING AUCTIONS

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Just two weeks into May, and without pausing for breath, focus shifts from this week’s previews at the Venice Biennale and returns to New York for next week’s major auctions of Modern and Contemporary art. Just two weeks ago, the city hosted a busy week with Frieze and TEFAF New York, both of which led to reports of a solid, if not frenzied, market in the private market. The auction season will give a much more public bill of health.
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BATTLE OF THE BASQUIATS AT AUCTION IN MAY

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Anticipation is building for the major spring auctions in New York in May, one of the biggest market moments of the year. This series of Modern and Contemporary art sales sees Christie’s and Sotheby’s go head to head in the heavyweight stakes, not just during the sales, but from months before when they start gathering works to sell.
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