«I LIKE MONEY ON THE WALL»

Dealers at last month’s Art Basel fair in Switzerland reported plentiful sales in the $200,000 to $2 million range. Buyers spent a record 108.8 million pounds at Sotheby’s on June 29, when the little-known Duerckheim collection of 1960s and ‘70s German art fetched 60.4 million pounds, double the estimate. Works by Sigmar Polke and Georg Baselitz set auction records for the artists at 5.8 million pounds and 3.2 million pounds apiece.

-Bloomberg