For twelve agonizing minutes the audience watched and even cheered as they watched five bidders compete for the pleasure of owning The Scream by Edvard Munch. The buzz could be felt as the bids kept inching their way higher and high, till the bidding paused for a bit at $99 million dollars which prompted Tobias Meyer, the auctioneer, to say, “I have all the time in the world.”
The inaugural 1stdibs and NYC20 Decorative Arts and Design Fair, a 20th Century art and design fair in the tent at Lincoln Center, kicked last Thursday night. 36 dealers from all over the USA and Europe are showcased decorative and fine arts from all 20th century design movements at the fair over the weekend.
This week we seem to be focusing on some serious money-makers ranging from fashion labels to art auction houses. We thought that in light of the recent economic chaos, we would shine the spotlight on the major money-makers and spenders.