NEW YORK - The eve of the key sales of impressionist and modern art
Posted on November 3, 2008 at 6:38 PM.
A major cubist Picasso that was expected to fetch more than $30m (£18m) was pulled from Sotheby's this week, on the eve of the key sales of impressionist and modern art in New York. "Arlequin" (1909), came from the estate of the surrealist painter Enrico Donati, but the vendor got cold feet, fearing that it might not make its price, or worse, fail to sell in today's slumping art market.
Falling under the hammer (Financial Times)
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