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Judith H. Dobrzynski on Culture

Life in the Art Market

Official word on results from the Armory Show is in, and it’s not bad. This year’s expanded version — 243 exhibitors — drew 56,000 people, versus 52,000 last year. Dealers reported “solid sales” that were better than they expected.

Some of the larger deals:

Lisson Gallery, London: two Anish Kapoor sculptures at $1 million and $700,000
PolkeS_o.T.jpgrespectively; 

Cheim & Read, New York: a Louise Bourgeois for $1 million;

Galerie Michael Schultz, Berlin: a Sigmar Polke for $340,000 (o.T.(02), 2003, pictured, right);

Sicardi Gallery, Houston: a Gego wire sculpture for $195,000;  

Michael Rosenfeld, New York: a Werner Drewes painting for $170,000.

Galerie Frank Elbaz, Paris, and Peres Project, Los Angeles, both said they sold the entire content of their booths. 

 

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About Judith H. Dobrzynski

Now an independent journalist, I've worked as a reporter in the culture and business sections of The New York Times, and been the editor of the Sunday business section and deputy business editor there as well as a senior editor of Business Week and the managing editor of CNBC, the cable TV

About Real Clear Arts

This blog is about culture in America as seen through my lens, which is informed and colored by years of reporting not only on the arts and humanities, but also on business, philanthropy, science, government and other subjects. I may break news, but more likely I will comment, provide

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