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Mixed auction results in London ahead of EU referendum Impressionist and Modern sales at Christie's and Sotheby's in London this week have delivered mixed results, with some lots fetching impressive sums but others underperforming.
Not exact matches
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Sighs of relief at Christie's Postwar & Contemporary sale Following the
mixed results of this week's first clutch of New York
auctions, Christie's Postwar & Contemporary evening sale last night produced a consistently «strong»
result, reports The Art Newspaper.
On a night of
mixed results, Sotheby's bottom line was dented by the
auction house's having to buy in a 1966 double - portrait photo painting by Gerhard Richter, «Familie Hötzel,» which failed to sell at its low estimate of $ 3 million.
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Due to somewhat
mixed results in the November
auctions in New York there has been talk of a softer market.
An exciting
result was achieved for the South African artist Nicholas Hlobo, making his
auction debut with a
mixed media work which sold for # 60,000, soaring over its pre-sale estimate of # 8,000 - 12,000.
The
results, driven by an international
mix of buyers, bode well for the bellwether semiannual
auctions next month in New York.
His works were on offer at all three
auction house's evening sales this year, with
mixed results.