Even Renoir & Degas Go Unsold At Paris Auction

“A benchmark Paris sale of Impressionist and Modern paintings that belonged to French fashion designer Jeanne Lanvin fell well short of pre-sale expectations Monday…. Christie’s auction house said in a statement it raised $9.67 million at its evening sale of works by artists including Pablo Picasso and Pierre-Auguste Renoir. It had originally valued the collection at $25.2 million.”