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AUCTION REPORT

Summer Heat On The Block

BY Elaine W. Ng

YUE MINJUN, The Pope, 1997, oil on canvas, 78 x 73 1/2 in. Courtesy Sotheby’s, London.

The June auctions in London saw no cooling of enthusiasm for high prices. Nipping at the heels of the European Grand Tour of Venice, Basel, documenta and skulptur projekte münster, London’s big three—Christie’s, Sotheby’s and Phillips de Pury—held their contemporary art summer sales on June 20, 21 and 22.

Many say that Europe is reclaiming its position as a major economic contender against the US with the strength…

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