Art Market Watch
RECORD SALES AT BARRIDOFF GALLERIES
As Maine goes, so goes the U.S.? The annual auction sale of Old Masters, European and American art held by the Barridoff Galleries
in Portland, Maine, was a great success. Of the 335 lots in the sale, about 80 percent found buyers, for a grand total of $3.5 million, the highest amount to date. Presumably, the success in the Pine Tree State is a bellwether for the coming auction season in New York.
"The sale was terrific," said Ron Elowitch, who serves as auctioneer and runs the business with his wife, Annette Elowitch. "And the after-sale interest in the unsold lots was even more terrific. People are gobbling up the available works!"