“Adviser Candace Worth told ARTnews that the result meant they were priced correctly. A partnership with Samsung transformed one of Sotheby’s galleries into a facsimile of a New York City subway station, including wooden benches, metal railings, and videos of trains rolling by.
“It was kind of cheesy, but kind of brilliant,” Worth said.
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Worth said another sign of the auction market still being in a correction period was that bidding was reopened for multiple works like Jean Dubuffet’s The Ceremonious (1954) and Ellsworth Kelly’s Blue Tablet (1962), the latter guaranteed by Christie’s and hammering for $2 million, half of its low estimate.
“That’s kind of amazing,” Worth said, noting the tradition of post-sale offers and negotiations for post-sale deals. “But, right there in the room? Look, they pulled out all the stops—they have to. The effort is clear. It’s not an easy market.” ”
