LONDON - Wall Street Journal Reviews this Weekends Auctions
Posted on October 20, 2008 at 6:49 PM.
Keep Reading in ------ :
In a twist, 40% of the winning bids came from Americans, up from 19% at last year's sale. After the sale, New York collector Larry Warsh said he was "relieved" that a majority of the works had sold. But he said collectors who decide to put their works up for auction will need to scale down their expected price levels for art by as much as a third until the financial markets begin to climb again.
Not a Pretty Picture at Auctions (Wall Street Journal)
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