Two Old Master Auctions This Week Surprised The Market

“Of the two sessions totaling about $86.08 million, it was Christie’s performance that was the most surprising, if hardly the most glorious. Viewing the offerings that were to be dispersed on Tuesday, few insiders would have imagined that Christie’s would be able to squeeze £20.28 million out of 48 lots and conclude its lackluster sale with only 15 lots unsold.”