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AUCTION REPORT

Make or Break

TYEB MEHTA, Untitled (Falling Figure), 1991, Acrylic on canvas, 114.6 x 91.4 cm. Courtesy Christie’s.

While a smattering of record-breaking transactions in London and Hong Kong’s spring and summer auctions indicated that buyers have by no means lost their lust for blue-chip art, inconsistencies in the market also became apparent, leaving auction houses slightly bewildered and holding their breaths as they regrouped and re-planned for their fall series.

Kicking off the season was New York’s Asia Week. As part of the event, Christie’s presented…

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