The photography as collectible art market appears to be alive and well. Recent auctions of several well-known photographs fetched over $30 million in sales, including record prices for work by Man Ray and Diane Arbus, according to PDN Pulse.
A signed, gelatin silver photogram by Man Ray from 1922, called “Untitled Rayograph,” (r.) turned heads when it sold for US$1,203,750 at Christie's auction house in New York last week. The 9 1/4 x 7-inch print, which is signed in pencil on the mount, was expected to go for US$250,000 -…
via Imaging Resource News Page http://www.imaging-resource.com/news/2013/04/12/man-ray-robert-frank-and-diane-arbus-images-fetch-millions-at-auction