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Article: Contemporary Art Photography Comes Into Focus for Collectors.(Brief Article)
- Article from:
- Art Business News
- Article date:
- October 1, 2001
- Author:
CopyrightCOPYRIGHT 2001 Summit Business Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Once ignored by the art world, work by contemporary photographers is highly collectable and is garnering top dollar at auction houses and galleries
When is a photograph not a photograph? When it is a work of contemporary art. And the mainstream art world's growing acceptance of artists whose chosen medium is photography has led to stratospheric prices.
At this season's Christie's Contemporary Art evening sale, where top paintings by Keith Haring and Jean Michel Basquiat were sold, a photograph taken just last year by Andreas Gursky sold for $292,000. In fact, photographs comprised almost one-third of all of the works sold at Christie's that night.
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