Art World Pain Goes On
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Auction houses like Sotheby's and Christie's are gearing up for their semi-annual sales of Impressionist and contemporary art. So how bad is it going to be this time around? Sotheby's says it expects the sales to bring in between $179 million and $256 million, down from $411 million last fall and $742 million last spring. So pretty bad, basically. [WSJ]