Christie’s Opens For Business In Mainland China With $25M Auction In Shanghai

“The most expensive item sold was a ruby necklace, which achieved $3.4 million. … Western art rarely appears in auction sales in Hong Kong and China, but the firm sold three such works” – Picasso’s Homme assis ($1.9 million), Calder’s Black 2-2-6 ($1.5 million) and Warhol’s Diamond Dust Shoes ($784,000).