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AUCTION REPORT

Seasonal Offerings

SH RAZA, Village with Church, 1958, oil on canvas, 161 x 130 cm. 

Courtesy Sotheby's New York. 

The 2012 auction season will launch under some uncertainty. Most headlines these days warn of another slowdown following the global recession in 2008 in many markets—from real estate and commodities to art—as a direct result of havoc in the European Union. In East Asia, just celebrating the Lunar New Year, the Dragon year is expected to usher in prosperity and luck.

In New York, Asia Week is a series of sales at…

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