16-05-2024 06:29 via artnews.com

Sotheby’s Modern Evening Sale Yields $235 M. Led by $38.4 M. Monet and Record-Smash for Leonora Carrington at $28.5 M.

After tepid sales results during the first two nights of the marquee art auctions in New York, Sotheby’s Modern evening sale netted $235 million, led by Claude Monet, Leonora Carrington, René Magritte, and Alexander Calder.While 96 percent of lots sold and several bidding wars broke out, nervousness continued to be evident among buyers through the large number of incremental bids, 32 out of 50 works sold with guarantees and irrevocable bids, as well as several works by blue-chip art
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