Fall Auction Action

It's hard to believe that half-a-billion dollars of art is up for auction in the next few weeks. Keep that figure in mind the next time someone says we spend too much money on determining the next president. It's about the same amount.

Articles from the NY Times and UK's Guardian. The Guardian quotes Christie's chairman Marc Porter: "There has been an acceleration of interest in art because of the psychic and calming benefit it provides." About 1/2 of Americans will need that after today's election, we just don't know which half.

If only work didn't interfere, I'd attend the photography auction at Phillips de Pury & Co. next week. Unfortunately, scheduling it during the work week discourages the casual collector or merely curious.