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Joseph Cornell
Pharmacy
1943
$3,778,500
Christie’s New York
Nov. 12, 2008
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ART MARKET WATCH


Nov. 13, 2008

$113.6 MILLION AT CHRISTIE’S CONTEMPORARY
Christie’s New York sale of contemporary art on the evening of Nov. 12, 2008, totaled $98,480,000 ($113, 627,500 with premium), with 51 of 75 lots finding buyers, or 68 percent. Although several new auction records were set (see below), as a rule the hammer price of sold lots was less than the presale low estimate. Overall, the sale came in at about half of its total presale low estimate of $227 million.

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