Art Market Watch
IMP & MOD IN LONDON
by Jessica Mizrachi
Sotheby’s and Christie’s held their London sales of Impressionist and modern art last week. On June 19, 2012, Sotheby’s London
totaled an impressive Â£74.9 million ($117.7 million, including premium), selling 35 of 48 lots, or 69 percent, and on June 20, 2012, Christie’s London
offered more material and got an even higher total, Â£92.5 million ($145.5 million), for 56 of 70 lots sold, or 80 percent. The exchange rate is about Â£1 = $1.56.