Tuesday, May 23, 2006

One really large number


$432,080,560 spent by buyers on Contemporary Art at auction in between May 9 and 12 in New York City. Source here.

Tonight there's an auction here where Jori Smith's work is going to be featured, my guess is that if it does 1/10,000th the amount of sales there will be some very ecstatic people.

On Thursday and next Monday there are slightly more significant auctions of Canadian art that will do about 1/100th the amount of sales. However, about 1/100th of the lots could be called contemporary. Or in other words, not an awful lot. Is it any wonder why Canadian artists don't get any respect?

Heck! The RCAAQ (the Regroupement des centres d'artistes autogérés du Québec) even ignored Andre Durand in favor of Damian Hirst today, obviously there is a certain allure to a really large number attached to a dollar sign. C'mon people lets make that a Canadian dollar sign, ok?

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