If The Armory Show is any indication of what’s to come in the art market in 2016, it’s a sign that middle-market galleries may have the hardest go of it this year. Up to $10,000, and to some extent $25,000, collectors are quite willing to pull the trigger. And above $100,000—where recent reports indicate one can expect a constant rate of return on the range of 12–15% annually—more deep-pocketed buyers are still raking up pieces, too. But even for those middle-market galleries, panic should not ensue. Collectors are buying, just not at the frenetic pace of the past five years, which could be good for art anyway (if still a sting to the art market).
03 An excellent Armory Show Focus proves the diversity within African art