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Giacometti Fetches Record $33 Million in Listless Auction

Christie’s flopped for a second consecutive night in New York, as top-priced lots by Picasso, Modigliani and Leger failed to find buyers at a listless Impressionist and modern-art auction.

The $144.3 million tally last night was 23 percent short of the $188 million low estimate; 11 of 46 lots didn’t sell.