Rich 'put money on their walls' (ctd.)
May 9 2013
Picture: Christie's
Christie's New York Impressionist and Modern sale made $158m last night, a lacklustre figure compared with Sotheby's $230m the previous day. The $158m total was reported as 'surpassing' the lower estimate of $131m, but of course the final figure includes buyer's premium, while the pre-sale estimates do not. The top lot was Chaim Soutine's Le Petit Patissier, which made a record $18m. More here at Bloomberg.
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