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Albrecht Dürer
Erasmus of Rotterdam
1526
$36,000
Swann Galleries
Apr. 30, 2009
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ART MARKET WATCH
by Deborah Ripley



The spring print auctions ended last week and prices continued to tumble. Unlike the fat catalogues of last fall, the offerings at both Christie’s and Sotheby’s were smaller -- Christie’s 228-lot sale on Apr. 28 was its smallest since the art-market crash of 1989. Sotheby’s two-day auction on Apr. 30 and May 1 featured 346 lots, substantially fewer than the 570 works offered in the six months ago.

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