Art Market Watch

AFRICAN-AMERICAN ART AT AUCTION
by Daniel Grant

As though dipping its toe into the water to test the temperature, the sale at Leslie Hindman Auctioneers on Mar. 1, 2012, of 39 artworks made exclusively by African-American artists is a cautious move into a new realm for the Chicago-based auction house. Still, this is the first of what is slated to be twice-yearly sales of African-American art, which stemmed from the realization that “there is a strong community of collectors of African-American art in our city,” Hindman said. “A lot of people have told me that I should do auctions of African-American art. I considered the idea and decided that it actually makes a lot of sense.”

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