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Pablo Picasso
Homme à la pipe assis dans un fauteuil
1916
$4,744,000
Sotheby’s New York
May 8, 2007
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ART MARKET WATCH
by Stewart Waltzer



During the big-ticket art auctions, the main salesroom at Sotheby’s headquarters on York Avenue in Manhattan has been more than impressive, a huge rectangular space thronged with row after row of avid art collectors and dealers, with a dense standing-room-only pack at the rear.

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