Bonhams's Debut Contemporary Art Auction Struggles to Find Its Legs in the Newly Dodgy Market

"Bonhams took a crack at the contemporary market Thursday afternoon and wound up with mixed results for its petite sale of 20 lots. Squeezed between two art fairs and a trio of auctions, the house sold a modest £2,042,700 ($3,200,360), with six lots failing to sell for a buy-in rate of 30 percent."  [Read Full Article]

Published by:  ARTINFO
On:  10/13/11
Website:  http://www.artinfo.com

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