The Winter Show is up now at the Park Avenue Armory, and thank you Chubb for hosting the party last night. Many things can be said about the Winter Show: Not least, it is the best American-run (mostly) pre-modern art fair, spanning a formidable 10 days, with events that initiate the post-Holidays social calendar in New York. Where else can you shop for a 19th-century weathervane, an 18th-century Peruvian Baroque painting, a mahogany settee, and an Egon Schiele drawing all under one roof?

The Winter Show is also a rare example of a fair where many galleries abide by New York City's "Truth in Pricing Law" (NYC Admin. Code §20-708), which specifies that "all consumer commodities, sold, exposed for sale or offered for sale at retail...shall have conspicuously displayed, at the point of exposure or offering for sale, the total selling price exclusive of tax by means of (a) a stamp, tag or label attached to the site, or (b) by a sign at the point of display which indicates the item to which the price refers, provided that this information is plainly visible at the point of display for sale of the items so indicated."

At a contemporary art fair, you will not see such display of prices on the wall labels, with the lone exception of Michael Rosenfeld Gallery. You may never see it at a reputable gallery selling in the primary market. In fact, at many galleries, when you ask at the desk for a price list, you may be told that there is no price list, and that a director can possibly be summoned, at which point you may in fact be told that the gallery is "taking interest."

You can tell the gallery that New York City has a "Truth in Pricing" law that requires conspicuous disclosure of asking prices to the public in the manner stated above. This is not about legal conformity for its own sake. Market transparency is in the best interest of our greater community, and as such, the galleries at the Winter Show that do so are to be commended for it.