Speculative `Fever' for Young Artists Cools in New York Auctions
- `If you know someone who wants it, let me know,' dealer says
- No takers for $60,000 painting evoking bird droppings at sale
Demand for abstract paintings by artist Lucien Smith was so strong two years ago that art adviser Mia Romanik sold a dozen of his works in one month. She’s not getting any requests now.
“They are certainly not trading as they once did,” said Romanik, who is based in Los Angeles. “The volume is just not there. At all.”