Lehman Brothers Art Fire Sale at Sotheby's Totals Out at Just $12 Million


The “fire sale” of the Lehman Brothers art collection went so-so. Some serious bargains were grabbed; some things-this Richter lithograph-went for well above estimate. The big Julie Mehretu painting (everyone, where everyone is Goldman Sachs and their like, has one!) seems oddly like a bargain at a million dollars. The Neo Rauch, at half a million, mid-estimate, seems like a great buy. The John Currin went for a very low price. And so the circle of boom and bust continues unabated etc.