Art Market Watch
Nov. 10, 2005$114 MILLION AT SOTHEBYíS CONTEMPORARYSothebyís New York
ís contemporary art sale on the evening of Nov. 9, 2005, totaled $114,494,400, with 48 of 54 lots finding buyers, or 89 percent. "Itís the best contemporary art sale weíve ever had," said auctioneer Tobias Meyer
. 27 lots sold for over $1 million, and 21 sold for over their presale high estimates. The total compares to the $157 million notched for a rather larger auction of 70 lots at Christieís
the evening before.