Auctions May 2022: New York evening auctions: Trophies worth millions
In her coverage of the May 2022 contemporary art auctions in New York, arts journalist Barbara Kutcher writing for Germany newspaper Handlesblatt spoke with Megan about the volume of high-value lots being offered and her insights on the potential impact of the financial markets and the war in Ukraine on the art market. Megan commented:
“It is striking: the market for modern and contemporary art seems to have only gotten stronger this season, despite all the fluctuations in the financial markets, inflation in the USA and the war in Ukraine," observed New York art consultant Megan Fox Kelly. “Collectors' appetites have not waned, not only for unprecedented works like the Monets owned by Anne Bass, but also for contemporary art.”
Kutcher’s full coverage of the sales is in Handlesblatt.