Is Christie’s Abandoning the Impressionism and Modern Art Market?

Brian Boucher,
Monday, May 4, 2015

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Pablo Picasso Femmes d’Alger (1955) will be offered at Christie’s on May 11 with an estimate of $140 million.

When Christie’s puts Pablo Picasso‘s storied 1955 painting Les Femmes d’Alger (Version “O”) on the auction block with an estimate of $140 million next week, it may make history in more ways than one.

With that canvas, the auction house aims to set an auction record not only for the artist (Picasso’s high stands at $106.5 million, set at Christie’s in May 2010 with the painting Nude, Green Leaves and Bust), but also for any work of

Article source: https://news.artnet.com/market/christies-abandoning-impressionism-modern-art-market-293333

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