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Giacometti Bust Flops While Frank Lloyd Wright Lamp Soars at Sotheby’s $186.4 M. Modern Sale

Sotheby’s modern art evening sale in New York on Tuesday night collectively hammered at $152 million, or $186.4 million with buyer’s premium, across 60 lots. Fifty works sold, for a sell-through rate of 83.3 percent. Roughly 40 percent of the lots exceeded their high estimates, with half appearing at auction for the first time. The […]