Christie’s Contemporary’s First Six Lots: Forget the Bubble Burst Babble

We’re only six lots into the Christie’s contemporary sale, and I think I can safely say that the bubble has not burst. Five of the six lots set new auction records, with Richard Prince‘s “Piney Woods Nurse” just knocked down at $5.4 million (to applause), against a presale estimate of $1.8 million to $2.2 million.
True we haven’t gotten to the “big” lots yet, but the money, up to this point, is just swirling around the room.