Warhol’s Liz Taylor Face May Fetch $11.6 Million at Christie’s
14th June 2010During the financial crisis, auction houses slashed estimates to maintain success rates at contemporary-art sales. Average auction prices at evening sales of contemporary works now stand at 2.9 million pounds, up from 1.4 million pounds last year, the London-based research company ArtTactic said in a report published in May.
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