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Art Sale slumps again
Sotheby’s Contemporary Art Sale Slumps 87% From Year-Ago
Source: Bloomberg
May 13 (Bloomberg) --People watched the art market take another knock last night as Sotheby’s posted its smallest New York contemporary auction since May 2003.
The $47 million tally was down 87 percent, or $315 million, from Sotheby’s record a year ago, and below the $51.8 million low estimate.
Source: Bloomberg
May 13 (Bloomberg) --People watched the art market take another knock last night as Sotheby’s posted its smallest New York contemporary auction since May 2003.
The $47 million tally was down 87 percent, or $315 million, from Sotheby’s record a year ago, and below the $51.8 million low estimate.
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