‘Urban Art’ settles in

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It seems as of late that there has been a mad dash to the club entrance of the Auction world, and Saturday’s Auction at Phillips de Pury showed that the discerning collector is back to being the bouncer.  Great pieces did well and familiar names held up against an uncertain economy. Some others, not as great. Observers remarked that it may have had something to do with a wet London morning. In any case, the good work sold, which shows there is no rush to abandon hope in this new sector of the art market.  After the jump, some sales highlights.

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