Auction fever

Is the art market collapsing? Not if you apply the thick-o-meter test to the latest two auction catalogues from Webb’s and Art + Object. Both are the same size as catalogues from this time last year, although this time both have South Islanders on their covers. It also looks like the quality of entries has gone up a bit. The only unusual thing to note is that the two houses have programmed their auctions within days of each other, Webb’s on 30 March, Art + Object 2 April.