A Post-Auction Moment with Peter

Now that the sale is over, I got a chance to have a chat with Peter about his thoughts on the results of the May 23, 2010 Modern & Design Auction.

Peter: After a little hesitation this time last year, the market seems to be back in full swing, with many items bringing record prices. It appears certain that buyers are happier putting their money into art and antiques. Auction prices world wide seem to prove this is the case everywhere, not just in Los Angeles. Fine art won the day, which is not surprising considering well over half of the lots offered were fine art. On the whole buyers and sellers were both happy with the prices, which seemed to be firmly on an upward track again. There’s already a number of works dropped off for the Fall 2010 Auction, including a pair of unique Fletcher Benton sculptures and a few Warhol screenprints.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s