African art in New York
Phillips de Pury & Company’s New York Africa sale on 15 May 2010 confirmed the rising price trend for African art and not just for the internationally recognized headline artists whose works already enjoy “global” demand. However, with total income from the sale at $1.1m and a bought-in rate of 38.4%, the sale was only partially successful, even in the less than $10,000 price bracket.