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DESPITE a sluggish world economy, the 1 percent is doing quite well, if recent results at Christie’s are any indication.
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Studie für Improvisation 8 was sold to a European private buyer for $23 million, the largest price ever paid for a work by Kandinsky.
The two-day auction of somewhat rare pieces, where works by Brancusi, Miró, Picasso and Renoir, were also on the block, generated $244.7 in sales.
On Wednesday and Thursday (14 and 15 Nov.), Christie’s Evening Sale series marches on with Post-War & Contemporary Art.
Visit http://www.christies.com to learn more about the two-day Impressionist & Modern Art sales and the Evening Sales series.
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