Re: Contemporary Photography boom - digital or b&w?
Originally Posted by Joe Davis
I found this part intersting:
"Traditional black-and-white still dominates the fine-art photography auction market. Of the 241 lots sold last year for a total of almost $16 million at Sotheby’s New York, department head Denise Bethel estimates that less than 10 percent were color prints. Collectors still balk when offered digital prints of any kind. "
It is a bit of a misnomer as well, since a lot of the colour contemporary photographers get shifted "up" to the Contemporary art sales, especially in London (wherein I believe Gursky's 99 cents is the highest selling photographic work ever at auction). It also helps when you get to auction a huge Weston collection...