The Photography Market

On 22-23 October, Sotheby’s New York will be auctioning a selection of photographs from the Museum of Modern Art (MoMA) in New York. Following on from the success of its last auction of photographs in April 2001 with the sale of the Marie Thérèse and André Jammes collection of XIXe century photographs, which generated sales of USD2.15m, Sotheby’s is hoping to raise over USD2m. In November 2001, during the exhibit of "Paris photo", l'Hotel des ventes of Drouot had a world succes with the first edition of it's catalogue dedicated only on photojournalism masterpieces. More than 350 press and report photographs were on auction. One year after the September 11th 2001 terrorist attacks on New York, the art market went into a period of mourning. Put while some areas of the market were affected, others proved remarkably resilient, even buoyant.