CHRISTIE’S POSTWAR AND CONTEMPORARY ART EVENING SALE TOTALS $301.6 MILLION

The New York Times’s Carol Vogel reports that Wednesday Postwar and Contemporary Art Evening Sale at Christie’s brought in $301.6 million for the auction house, just exceeding its high estimate of $299.2 million. This was a stark contrast to Sotheby’s evening sale from the night prior, which made $128.1 million. Only three of the sixty-five works being offered at Christie’s failed to sell. “When the material is strong collectors get excited,” the dealer Alberto Mugrabi told Vogel.