Update: Armory Show

Kelly Crow has an article in the Wall Street Journal on the Armory show. According to Crow, the attendance has been strong and the sales have been positive. Interestingly enough, the sales have been coming from the lower to middle price ranges.

Crow reports the crowds and interest have been very good, and so have sales, in the $3,000 to $20,000 ranges, but much slower at prices above $50,000.  Perhaps this is a sign of some strength and balance coming back to the middle market. Crow also reports on highlights from three dealer exhibits at the show.

Crow reports on the show

The crowd during Wednesday's VIP preview included evesryone from "Gossip Girl" actress Kelly Rutherford to collectors Susan and Michael Hort to Museum of Modern Art director Glenn Lowry. Artists Tracey Emin and Chakaia Booker also stopped by, the latter impossible to miss in her signature (and formidably tall) turban.

So far, sales have been brisk for works in the $3,000 to $20,000 range, but pieces priced over $500,000 have taken longer to draw serious offers. Works sold so far include Matt Collishaw's 13-piece series of Old Master-style still life photographs depicting fast-food morsels like onion rings and cheeseburgers, which Blain/Southern Gallery priced at around $10,000 apiece. "They're pretty much all gone," a gallery representative said, two hours after the fair opened.

 To read the full WSJ article, click HERE.