African American Art Auction Takes $2.3 Million
Published February 8th, 2007
A standing-room-only crowd of over 200 mostly black art enthusiasts packed the New York salesroom at Swann Galleries as auction records were set for dozens of artists considered long- neglected by the art-world establishment.
The Swann sale was the first major New York auction dedicated to African-American artists. Results totaled $2.3 million, a notch over the $2 million low estimate, and the mood was serious yet celebratory during the more than four hours it took to hammer down 222 prints, drawings, paintings and sculptures.
The auction was scheduled to take place during Black History Month and close to New York’s 11th annual National Black Fine Art Show, which ended Feb. 4.
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