Thursday, May 8, 2008

1 Out of 3

The proof is in the pudding, and last night's results at Sotheby's proved my own words: I know nothing about the auction market. As the NY Times reports, the dreadful late Picasso I lambasted, as well as the flat Munch, both sold at or above their hefty estimates.

However, I was right about my favorite -- the small "Geranium" by Matisse:
Here's what the Times said:

Perhaps the biggest bidding war of the evening was for Matisse's “Geranium,” a rare 1910 still life in a rich palette of greens that was expected to fetch $2.5 million to $3.5 million. Six bidders kept going tenaciously, and the painting ended up selling to the Acquavella Gallery in Manhattan for $9.5 million.
What's the saying about blind squirrels and acorns?

I don't have any geranium to offer; this carnation from a Bleeker Street morning will have to do:

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