Just Like That, Auction Season Back On Track

The Brancusi sale was only the main highlight of a stunning night of art sales at Christie’s in New York, as the auction season appeared to come to life on the back of a single event. The auction went a long way towards restoring the confidence of art insiders, who had blanched after a disappointing showing at Sotheby’s the previous night. “Compare the results: Christie’s sale totaled $142.8 million, far above its low estimate of $111.2 million but not quite reaching its high estimate, $149.6 million. Of the 59 lots offered, only 7 failed to sell. Sotheby’s sale totaled $91.2 million, after a low estimate of $127.3 million, with 20 of the 65 lots unsold.”