AUCTION REPORT

Make or Break

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…