Despite art market ‘doomsayers’, Armory Show dealers see signs of 'a good turnaround' in opening sales

Interior view of The Armory Show, 2024. Courtesy of The Armory Show.

Journalist Carlie Porterfield spoke with Megan Fox Kelly about The Armory Show’s VIP preview and the current state of the market.

“A lot of collectors are responding to the pretty significant amount of press following the auctions in May. Totals were down,” Megan Fox Kelly, an art advisor based in New York who opened her advisory firm in 1999, said in the days leading up the fair. “Journalists seem to jump on (auction results) as an indicator of a market that is down, as opposed to that there weren't as many consignments and there weren't the biggest sales.”

Read the rest of Megan’s thoughts at The Art Newspaper here.