But if you're looking for Picasso and Leger, Pollock, Kline and Rothko, the Art Show is the place to go. It contains quite a number of works fresh to the market -- many of which will probably be snatched up by the time you read this article.

Achim Möller of New York, for example, is featuring a Charles Demuth still life of a bouquet of flowers done in 1925. Priced at $370,000, the painting has never been on the market before -- the Rockefeller family acquired it directly from the artist decades ago and is only now offering it for sale. Jan Krugier, who represents the estate of Marina Picasso, has a Cubist painting thought to be of Olga Koklova, Picasso's first wife and Marina's grandmother. The oil on canvas has never been exhibited in the U.S. and is priced at $2.5 million. And Greenberg Van Doren of St. Louis is presenting a new work from the Sam Francis estate -- Untitled Blue Balls (1962). It's big and bold, like the title of this series, and also costs $2.5 million.

Photography is somewhat scarce, with only three galleries who specialize in the medium. New York dealer Laurence Miller, who is participating in the Art Show for the first time, has the perfect find for a titan of Wall Street -- a rare Edward Steichen 1903 vintage print of a scowling J.P. Morgan, priced at $195,000. Miller also has very contemporary material, including four 65 x 52 in. color photographs from the late 1990s "Urban Archaeology" series by French artist Stephane Couturier. Large format color photos clearly have considerable appeal for collectors -- witness recent sold-out shows by Andreas Gursky and Thomas Struth -- and Couturier's prints, priced at $8,500 to $12,500 in an edition of five, are a bargain.

Overall, though, there aren't many works by younger contemporary artists. ADAA galleries that are known for their avant-garde offerings -- Metro Pictures, Barbara Gladstone, Marian Goodman -- seem to have opted for the aforementioned Armory Show. Veteran dealer Holly Solomon, who closed her SoHo gallery earlier this season, is doing both fairs. Her Art Show booth is filled with works by Nam June Paik, subject of a retrospective at the Guggenheim Museum. Featured prominently is Mini George Maciunas (1994) -- an homage to the Fluxus founder.

Chelsea gallery Luhring Augustine is also participating in both fairs, and boasts what may be the most alluring work at the Art Show. An installation by Swiss video goddess Pipilotti Rist called Bar (1999) features tiny video monitors that play through clear, empty glass bottles, which are displayed among real bottles of Jack Daniels, Campari and the like. An edition of five, this example of Bar has already been sold for $60,000. The work was also exhibited last fall at the Musée de l'art Moderne de la Ville de Paris.

In distinct contrast to the jolly sociality of Rist's Bar, the booth of Pace Wildenstein is serene. It's filled with ten small, square canvases of very light pastel-colored stripes by Agnes Martin -- a meditative oasis amidst the hubbub of the city. Fischbach Gallery has the same idea, with a huge photo-realist painting by Alice Dalton Brown showing an open window looking out onto turquoise water and sky, white diaphanous curtains blowing in the breeze. Fischbach director Lawrence Di Carlo was certain that the $75,000 painting would sell immediately. There are a lot of apartments in New York City without views, after all.

As for Old Masters, David Tunick features a mini exhibition of over 60 Albrecht Durer prints, including a complete set of the Apocalypse (1498) series. Standing in Tunick's booth, enveloped by Durer's deliciously macabre images, it's easy to forget you're in a marketplace.