New York Old Master sales deliver tepid results at Christie's and Sotheby's
about 3 months ago (02/02/2024)
New York Old Master sales deliver tepid results at Christie's and Sotheby's Art market Museums & heritage Exhibitions Books Podcasts Columns Technology Adventures with Van Gogh Search Search Art market news New York Old Master sales deliver tepid results at Christie's and Sotheby's Scattered seven-figure highlights failed to make up for dozens of passed lots and multiple key withdrawals Judd Tully 2 February 2024 Share Nardo di Cione, Madonna Annunciate; Archangel Gabriel (14th c.) Courtesy of Sotheby's The premier auctions among Christie’s and Sotheby’s winter sales of Old Master works in New York this week did little to counter concerns about the deteriorating market for the classics. Christie’s Old Masters Part One sale, staged on Wednesday (31 January), limped to $10.9m ($13.8m with fees) against pre-sale expectations of $18m to $27.2m. (All pre-sale estimates exclude fees.)