London Auctions Hit Bump as Richter Pulled, Diamond Unsold

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The Lesedi la Rona diamond.

Photographer: Donald Bowers/Getty Images for Sotheby's

Christie’s auction of postwar and contemporary art in London began with a bombshell: The event’s star lot, an abstract painting by Gerhard Richter, was withdrawn. That was just minutes after the world’s largest rough diamond failed to sell at Sotheby’s.

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