Are the auctions slowing down? I think it’s the first time I’m seeing the high-ends selling at low estimate or mid range. Some stuff even went below low estimate. Last year August/September was crazy, I remember people easily hitting the top estimate ranges…
Acker also soft today. The German collection went high, as expected due to rarity and provenance. But everything else was notably soft. Not a firesale, but soft. Not sure what to make of it. Need more data points before calling a trend.