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Alice Neel
Portrait - Roberta Johnson Roensch
1943-46
$445,000
Christie’s New York
Sept. 10, 2007
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ART MARKET WATCH


Sept. 11, 2007

The billion-dollar question for the art world is whether the looming economic slowdown will affect prices for fine art, and the curious got a chance to draw their own conclusions when Christie’s New York held its day-long "First Open" sale on Tuesday, Sept. 10, 2007. The twice-yearly sale, designed to lure newer collectors with more sprightly offerings, is widely thought of as an indicator of what is to come at the all-important fall auctions -- though uncertain times had pundits debating even this.

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