ART MARKET WATCH
Apr. 16, 2007BIG-TICKET LOTS AT MAY SALES
The major May sales of Impressionist, modern and contemporary art in New York are on the horizon, and the two big auctioneers have begun to announce some of their star lots -- all works from the post-war category, as it happens, an indication of the current state of the market. Sotheby's specialist Oliver Barker
told Linda Sandler
of Bloomberg News
that the top of the market consisted of 10 to 15 buyers worldwide, many of them seeking postwar art.