Reversal for Christie’s impressionist and modern art auction

"The expected impressionist and modern art auction at Christie’s New York on 1st November received negative results, as 31 out of 82 sculptures and paintings displayed remained unsold. With a total sales figure of $140.7 m, under estimations ranging from $200 m to 300 m, Christie’s met the same disastrous atmosphere in November 2008, when the art market suffered from the consequences of the financial crisis."  [Read Full Article]

Published by:  Art Media Agency
On:  11/01/11
Website:  http://www.artmediaagency.com

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