Some exhibiting galleries at the bevy of fairs making up New York's Armory Week, which ended March 7, report the art market is back to "crazy," although collectors were keen to get quality at the right price.

Sales at the Art Show included small watercolors depicting flowers and pregnant silhouettes by Louise Bourgeois, priced between $65,000 and $75,000 each, at Cheim & Reid. Unsold at the fair's close, but much admired, was a $35 million canvas collage by Robert Rauschenberg at Faurschou Gallery’s booth.