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Art Market Update

Christie's Americas Deputy Chairman Jonathon Rendell explains to Fox Business that despite recent studies showing art prices at auction have declined, Christie's achieved one of its highest grossing auctions to date and generated unprecedented interest from bidders around the world with its historic sale of The Collection of Yves Saint Laurent and Pierre Bergé in February which totaled $483,835,144 / €373,935,500 / £332,802,595.(April 2009) (RT: 5:30)


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