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)
