13-08-2017 23:00 via theartnewspaper.com

Design auctions buck the downward trend

The auction market for design is booming, aided by new online tools and record prices for the categorys most sought-after names.
Sothebys seemed to take a risk in May by offering, within its flagship Impressionist and Modern evening sale in New York, a monumental bookshelf by Diego Giacometti. But the late 1960s commission for the Paris publisher Marc Barbezat, decorated with patinated bronze accents, sold for $6.3m with premiummore than double its top estimate and a record for the designer.The
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