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Pablo Picasso
Le Repos (Marie-Therese Walter)
1932
$9,882,500
Christie’s New York
May 1, 2012
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Art Market Watch

CHRISTIE’S IMP & MOD DOES $117 MILLION
May 2, 2012

The blessedly brief evening sale of Impressionist and modern art at Christie’s New York on May 1, 2012, kicking off the spring auction season, totaled $117,086,000, with 28 of the 31 lots selling, or 90 percent. Yes, that’s right, a mere 31 lots, compared to the 76 due at Sotheby’s the next night. Did the sale even last an hour?

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