A $2 M. ‘Unicorn’ Lynne Drexler Painting Sets a New Record at Christie’s

Day sales are usually where the market’s real temperature is taken—where trends sharpen and the middle market either holds or crumbles. On Thursday, Christie’s Post-War and Contemporary Art day sale brought in a healthy $88.7 million, with sell-through rates of 88 percent by lot and 90 percent by value. These day sales may not be as sexy as their moonlit evening counterparts, but they often deliver the clearest signals—if you’re paying attention.The loudest signal t