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NEW YORK - Christe's contemporary art sale on Wednesday

Posted on November 13, 2008 at 5:21 PM.

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Almost a third of 75 contemporary artworks that went under the hammer at Christie's in Rockefeller Plaza did not find buyers at last night's contemporary art auction. Among the rejects was Bacon's Study for Self-Portrait, which was billed as the highlight of the sale and which Christie's had estimated would sell for around $40m (£27m).

Credit crunch hits the art market (The Guardian)

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