Art Market Monitor

The Washington Post gets into the art market bashing late with a mis-reading of the Jeanne Lanvin sale results. The Associated Press story re-hashes the market fall but then describes a 74% sell through rate as a disappointment. The sale brought in $9.4 million with a Renoir taking top lot honors at just shy of $1.5 million.

The rest of the lots were a neo-classical Picasso that attracted $1.088 million plus Boudin and another Renoir that came in at $996,000.

Paris Auction of Impressionist Work Falls Short (Washington Post)

Also of Interest:

• Sotheby’s Spring 2009 Impressionist and Modern Sale
  Tonight’s Impressionist and Modern sale brought in $61 million with 80% of the lots sold. The star lot of the...
  
• Big Spenders in Beijing
  Poly International had a very strong sale of Chinese classical art, including the top price paid for a classical work...
  
• February Surprise
  Godfrey Barker tries to explain the unexpected strength of Christie’s Impressionist and Modern sale on This Is London: The art...
  
• Action on the Edges
  Christie’s mid-season Impressionist & Modern sale.  On offer were a whole group of less important works by artist like Lempicka,...
  
• The Story of a Monet
  Scott Reyburn‘s Christie’s auction re-cap contains this brief narrative of the auction life of Monet’s Dans la prairie: Monet’s Impressionist...