Sotheby's Modern Evening Sale Yields $235 M. Led by $38.4 M. Monet
The evening sale had a sell-through rate of 96% boosted by the record sale of a Leonora Carrington painting for $28.5 M.
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The evening sale had a sell-through rate of 96% boosted by the record sale of a Leonora Carrington painting for $28.5 M.
Sotheby’s Modern art evening auction was mixed, with bidding consistently active and at times intense, yet other sales were tepid.
The deaccessioned oil painting has a high estimate of $18 million.
Above the fireplace in the Los Angeles living room where music executive Mo Ostin entertained celebrity clients like Frank Sinatra, Paul Simon and Jon
The Tuesday sales found stars in Magritte and Klimt, but the path for the art market is uncertain. Bidding is stingier than in the gonzo days of yesteryear.