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Sotheby's New York auctioneer Tobias Meyer takes bids on Clyfford Still's 1949-A-No. 1 (1949), which sold for a record-setting $61.7 million on Nov. 9, 2011
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Art Market Watch

SOTHEBY’S $5.8 BILLION FOR 2011 IS SECOND-HIGHEST YEAR EVER
by Jessica Mizrachi

“I’ll keep polishing my crystal ball,” said Sotheby’s CEO Bill Ruprecht when asked about projections for 2012 during a conference call on Wednesday announcing the company’s 2011 year-end results. Luckily for Ruprecht, the primary focus was on breaking down the company’s numbers for 2011, with no divination required.

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