Amna Nawaz
@PBSNewsHour·5.3M subscribers·62.2K videos
$12 Million for Lehman Art at First of Two Auctions
Posted
September 27, 2010
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September 27, 2010
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1:49Now PlayingArt can be a fickle market. Expected to earn $10 million to help pay back creditors, the art collection of the former investment bank Lehman Brothers auctioned for well over $12 million at Sotheby's in New York.
And that was just the first round- another large portion of the Lehman collection hits the block Wednesday at Christie's of London.
Here, business and economics correspondent Paul Solman comments on how a few of the pieces sold for. You can watch his original video cataloging some of the more special pieces in both the Sotheby's and Christie's collections here.
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