0Post-War and Contemporary Art AuctionsAs the second week of spring art auctions begins today, Arne Glimcher wonders whether the Sotheby’s and Christie’s have overestimated the market.Updated Jul. 14, 2017 12:28PM EDT / Published May 04, 2009 12:41PM EDT Courtesy of Phillips de Pury & Company Aaron YoungCourtesy of Phillips de Pury & Company David HockneyChristie's Images Ltd. Jean-Michel BasquiatChristie's Images Ltd. Mike KellyCourtesy of Phillips de Pury & Company Roy LichtensteinChristie's Images Ltd. Zeng FanzhiCourtesy of Phillips de Pury & Company Robert GoberCourtesy of Sotheby's Martin KippenbergerCourtesy of Sotheby's Jeff Koons Courtesy of Sotheby's Tracey EminCourtesy of Phillips de Pury & Company Andy WarholChristie's Images Ltd. Richard DiebenkornChristie's Images Ltd. Peter DoigChristie's Images Ltd. Andy WarholChristie's Images Ltd.
Aaron YoungCourtesy of Phillips de Pury & Company David HockneyChristie's Images Ltd. Jean-Michel BasquiatChristie's Images Ltd. Mike KellyCourtesy of Phillips de Pury & Company Roy LichtensteinChristie's Images Ltd. Zeng FanzhiCourtesy of Phillips de Pury & Company Robert GoberCourtesy of Sotheby's Martin KippenbergerCourtesy of Sotheby's Jeff Koons Courtesy of Sotheby's Tracey EminCourtesy of Phillips de Pury & Company Andy WarholChristie's Images Ltd. Richard DiebenkornChristie's Images Ltd. Peter DoigChristie's Images Ltd. Andy WarholChristie's Images Ltd.