November Auction Lots

By Judd Tully

Published: November 21, 2007

Andy Warhol Pablo Picasso Gerhard Richter Jeff Koons Vincent van Gogh van Gogh Investors Indulge Appetite for Luxury Crazy for Koons

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NEW YORK—Sub-prime mortgage crisis and other economic jitters aside, the two weeks of Impressionist/Modern and Post-War/Contemporary auctions in New York harvested $1.74 billion in sales, a remarkable figure that certainly mutes any lingering talk about the demise of the market.

As in any competition, however, there were winners and losers.

Looking over this wide-ranging, decidedly thoroughbred roster of top-tier works, there’s no doubt that the Post-War/Contemporary stable holds a leading edge over its older brother. Whatever performance-enhancing drug that segment of the market is on, it seems to be working wonders.

Click on the photo gallery at left to continue reading "November Auction Lots."

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Judd Tully is editor-at-large for Art & Auction magazine.

Editor’s Note: The original version of this article contained a significant error. We showed an image of Pablo Picasso’s Tete de femme (Dora Maar), a sculpture from the mid-1950s, offered at Sotheby’s on November 7. However, the work referred to was Picasso’s Tete de femme (Dora Maar), a painting from 1941, offered at Christie’s on November 6. The correct image is now in place.

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