Tuesday, November 10, 2009

Christie’s Amasses $65.67 Million in a Sparse Impressionist Sale

November 4, 2009 by admin  
Filed under Art Market

NEW YORK — Christie’s scored beyond all hope on Tuesday night in a sale of Impressionist and Modern art that was alarmingly thin. Of the 40 paintings and sculptures offered, 28 realized an aggregate $65.67 million.
In a market starved for goods, the modest signs of an apparent economic recovery in the United States stimulated art buyers. Artists represented by works currently in high demand consistently exceeded expectations.
Pastel studies of ballerinas, seen by the general public as the supreme achievement of [...]