
Over 700 items were sent to auction and it was estimated they would gross over 300 million Euros, which is about half a billion dollars Canadian. An original Duchamp perfume bottle with the artist pictured on the front was estimated to sell for 1-1.5 million Euros. After two passionate collectors raised the price, it was sold for 9 million Euros. Record sales for individual works by several artists contributed to the $330 million Canadian of sales on the first day.
A beautiful story in the middle of a global economic crisis. Art as safe investment.
Judd Tully, the editor of Art and Auction Magazine spoke with Jian Ghomeshi live from auction on the Tuesday February 24th 2009 edition of Q the program.
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