In the past week both Scope and the Armory in New York announced that their sales were through the roof.
The Armory boasts “$62 million in sales, a 37% increase over $45 million in sales at The Armory Show 2005.”
And here’s SCOPE’s brag:
Scope New York shattered all previous sales and attendance records for the ever-growing field of alternative art fairs, bringing in more than $7.5 million in total sales at conservative estimates, and attracting more than 14,000 visitors. When the doors opened at noon on March 10, collectors…[bought] out the inventory from at least three galleries within the first two hours, with Cisneros Fontanals Art Foundation alone purchasing a total of 30 works.
Sounds good to me, although I don’t know what it really means, except a lot of people bought a lot of art.
