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This week: The Long Museum sale’s long-term impact, Steve Wynn’s Rothko that never sells, and much, much more.
The auction was among a series of evening sales that could point to art market softness; a work by Amedeo Modigliani fetches nearly US$35 million, short of...
A Sotheby's sale featuring works owned by the Long Museum, founded by Liu Yiqian and Wang Wei, largely disppointed.
With many premium lots unsold, the sale total did not meet the presale expectations, even inflated by fees.