Auctions November 2023: Here’s Your Guide to the Priciest and Most Sought-After Artworks for Sale During New York’s $2 Billion Fall Auction Season

Ed Ruscha, Securing the Last Letter (Boss) (1964). Image courtesy Sotheby's.

Journalist Eileen Kinsella spoke with Megan Fox Kelly about her thoughts on the November New York auctions. Kelly provides insight into the slower, more cautious pace of collecting, and highlights that the quality of works coming to the auction block are noteworthy.

“I would say that collectors are being more selective, more discerning in the last few months; thinking carefully about what they wish to add to their collections, whether this is the right artist, the right work, the right time to acquire,” said advisor Megan Fox Kelly. “And that is not a negative—I’m seeing a more thoughtful approach. Collectors are taking more time. There is less pressure for them to make quick decisions because the market in general is less frenzied.”

Fox Kelly underscored the quality of the material on offer. “There are really exceptional examples at each house: the great Joan Mitchell and the Monet Nymphaes, the Cézannes and Gorky at Christie’s, and the extraordinary material from the Landau collection at Sotheby’s,” she said. “The fact that there are fewer estates being sold this season is more a matter of circumstance than a reflection of a retracting market.”

Read Kinsella’s full coverage in Artnet here.