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Friday, 31 October 2014 11:21

Record-Setting Sales Expected at Major Fall Auctions in New York

Alberto Giacometti's 'Chariot,' 1951. Alberto Giacometti's 'Chariot,' 1951. Sotheby's

The gavel will not come down on the first lot of New York's major fall auctions until Tuesday, but records have already fallen and more are virtually certain once the bidding actually begins.

With a global pool of collectors competing for more than $1.5 billion worth of fine art, the city's top auction houses are expecting record values for trophy works at sales over the next two weeks.

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