What Did Rich People Do This Morning?

Today in New York City, someone just bought this wee Harry Bertoia sculpture for $50,000, well above estimate. And also late this morning at Sotheby’s, at the “important 20th century design” auction: a set of used 70s silverware was estimated at $6000 to $8000. It sold for $50,000. But in stranger news, the market for Nakashima furniture seems to be a little off! Lots withdrawn! Low bids accepted! I smell anxiety about the economy on the horizon.

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