Tue, Nov 02, 2004 - Page 16 News List

High quality and high stakes at the auction

After last spring's sales, the betting is the market's upward spiral will continue

NY TIMES NEWS SERVICE , NEW YORK

Buyers looking for works by younger, less expensive artists may want to go to Phillips, de Pury and Co in Chelsea. The small boutique company is holding two sales this season, next Monday and Nov. 12. Of the two, the more interesting is what experts say is the first single-owner sale of contemporary photography.

Baroness Marion Lambert, wife of Baron Philippe Lambert, a member of the Belgian banking family, is selling her entire collection of 300 photographs by artists including Matthew Barney, Richard Prince, Robert Gober and Nan Goldin. The collection, which is expected to bring US$10 million, is well known to photography collectors and has been exhibited around the world for years.

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