| Market Forces Bring Fire-Sale Prices for Christie’s “Modern Age” |
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| Arkansas Art News |
| Written by rhonda |
| Thursday, 06 November 2008 00:00 |
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NEW YORK—On a post-election night after the Dow plunged 486 points in a wave of nervous sell-offs, Christie’s stand-alone sale of two modern art collections fetched less than 50 percent of pre-sale expectations. The house’s back-to-back auctions of the Hillman Family and the Alice Lawrence Collections earned an anemic total of $47,039,500, against an estimate of $102.3–149 million. The Hillman works earned $28,047,000, or 36 percent unsold by lot and 45 percent by value, while the Lawrence Collection made $18,992,500, for buy-in rates of 23 percent by lot and 55 percent by value. 
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I am your host at Canvas Junkie and work in several media. I design and make one of a kind sculpture you can wear or jewelry.
As well as paint, make found object sculpture and generally will chase after anything sparkly. When I was a teen my dad would introduce me as his daughter with the disclaimer of "You know artists are weird".
Now that I have seen many years of life pass by (I'm in denial about exactly how many)............. I'm happy to be known as an artist because....... life is just weird.