So this auction season has finally limped to a close, with lackluster results from the city's third auction house. The Times reports that the offerings of Phillips de Pury, whose contemporary sale included small works by big-name artists and a smattering of works by hipper, younger artists, "seemed like leftovers." Sotheby's and Christie's sold like gangbusters this season, but Phillips (perhaps owing to the timing of the sale or the uncomfortable location, surmises the Times), didn't seem to have much steam. Only a smattering of dealers stuck around through the end of the sale, though the pieces that did best were the ones that were selling for well under $1 million. Which is bad news for Phillips but could be great news for none other than Brandon Davis. With Phillips focusing its energies on their London office right now, some of the air might be going out of the lower end of the contemporary market. Upon hearing that Brandon Davis wanted to come to the city to become an art dealer to the young and overbudgeted, one auction-house source scoffed to us, "I can't wait to see Gagosian eat him for breakfast." But who's to say that Davis isn't coming at exactly the right time? Is this face going to be the new icon of the day sale? Is this what the future of new contemporary looks like?
We want to know so we can prepare. We just weren't ready for the face of young art to be so, you know, shiny.