Thursday, November 1, 2012

It's an Ill Wind

Robert Boyd



Sure it's killed 157 people so far, caused billions of dollar in damages, and flooded galleries throughout Chelsea, but at least one art collector came out ahead because of Sandy. At the delayed Phillips de Pury "Editions" auction in New York City yesterday, this collector reasoned the floor bidding would be, let's say, light. So he phoned in a "crazy lowball" bid for a Jasper Johns and won it. Bargains are there if you are clever enough to spot them. (Which is why he's successful and you're not!)

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