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Georges Braque
LíÉcho
1953-56
bought in
Sothebyís New York
Nov. 7, 2007
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ART MARKET WATCH
by Stewart Waltzer



There has seemed, of late, to be no end of art, or money, but both proved to be finite at Sothebyís New York evening sale of Impressionist and modern art on Nov. 7, 2007. The auction was a surprise, and a not unhappy one, though Sothebyís may differ. It was a much smaller sale than Christieís the evening before, 76 lots opposed to 91. It did not have Christieís range; instead it had a number of high-profile lots where the house expected to make a killing. The estimates were high, good material was larded sparingly into the mediocre, but it was not a palatable mixture and a 25 percent of the lots did not find buyers. It was still fun, though the shortfall was richly deserved: Sothebyís tried to sell seven Kees van Dongen paintings in one evening sale. Címon.

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