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Sotheby’s sale of Impressionist and modern art on Wednesday proved to be a solid if unexciting evening. Experts there, however, pronounced it “fantastic,” as if to again reassure buyers and sellers that the art market was alive and well despite setbacks in the financial and real estate markets.
As was true at Christie’s auction of Impressionist and modern art on Tuesday night, the great wealth made all over the world is still being poured into art. But unlike at the Christie’s sale, which was dominated by European buyers, at Sotheby’s Americans took home 67 percent of the work, and Europeans bought 27 percent.
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As was true at Christie’s auction of Impressionist and modern art on Tuesday night, the great wealth made all over the world is still being poured into art. But unlike at the Christie’s sale, which was dominated by European buyers, at Sotheby’s Americans took home 67 percent of the work, and Europeans bought 27 percent.
Discuss Add this link to... Bury
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