Christie's auction did not bring the expected results

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Christie's auction did not bring the expected results

Yesterday in New York auction house Christie's evening auction held "Impressionist and Modern Art." Bidding, which include traditionally enjoyed by collectors in high demand product, should have brought more than 215 million dollars. However, expectations were not fulfilled: the total sum amounted to only 140,773,500 (USD). Many of the lots for sale not found their customers, including key works of the auction.

Best hope of the auction house Christie's had for a bronze sculpture by Edgar Degas' Little Dancer fourteen ", estimated at 25-35 million dollars. According to Lenta.Ru citing Agence France-Presse, for it offered customers a $ 18.5 million, resulting in a sale never took place.

Without attention also remained outstanding artist portraits by Pablo Picasso, who always takes a leadership position in the rankings of world trade in works of art. Estimate dated 1930 mi years the portrait of Marie-Therese Walter "Sleeping Girl" and a portrait of Dora Maar "Head of a girl in the lilac hat 'was 12-18 million. Made suggestions as buyers did not reach the stated plate.

In this unexpectedly high price was set at an engraving of Picasso's "Weeping Woman". If the preliminary assessment of 1.5-2.5 million dollars was sold for 5.12 million, setting a record auction price for engraving.

Overall, the results of the auction referred to the instability and unpredictability of the international art market.