ART MARKET WATCH
by Paul Jeromack
Maybe itís me. But for all the evident beauty of J.M.W. Turnerís Giudeecca, La Donna della Salute and San Giorgio
(ca. 1840s), I canít quite comprehend the reasons it became the most expensive Old Master sold in America at Christieís New York on Apr. 6, 2006, going for $35,856,000 (with premium) over a presale estimate of $15 million-$20 million, to an American buyer believed to be Las Vegas hotel magnate Steve Wynn. The sale boosted Christieís 97-lot Old Master sale to a total of $69,496,800, a new record for an auction of Old Master pictures in America.