Summary: In this week's episode of the ArtTactic Podcast, Kelly Crow, reporter for The Wall Street Journal, joins us to recap the May New York Impressionist & Modern and Post-War & Contemporary auctions. First, Kelly touches on the surprising surge in prices seen at auction for artworks in the middle of the market. Then, she addresses the reasoning for the softening witnessed at the top of the market. Also, Kelly shares a few of the sales results that made her say "wow". Then, she discusses the incredible prices achieved for the lots donated by African American artist at Sotheby's for the Studio Museum in Harlem and if a bubble may be emerging for some of these artists. Lastly, Kelly explains why Sean Combs' $21 million purchase of Kerry James Marshall's Past Times may be the start of some much needed diversity in the art collecting community.
