VOICED: Sotheby's contemporary art auction

The art market is struggling, with Sotheby's contemporary art sale dropping significantly from last year. Notable sculptures by Gober and Koons failed to meet expectations, highlighting the market's challenges. Despite this, a piece by Alexander Calder sold for more than anticipated, offering some optimism. Dealers emphasize the market's resilience despite its current downturn.

What was the total amount Sotheby's contemporary art sale brought in this year?

• $315 million

• $200 million

• $47 million

• $100 million

Why did Gober's sculpture fail to receive any bids?

• It was too expensive

• It catered to a very specific market

• It was not unique

• It was damaged

How much was Jeff Koons' sculpture estimated to sell for?

• $2 million

• $10 million

• $4 million

• $6 to $8 million

What was the final sale price of the Alexander Calder figure?

• $1.5 million

• $2 million

• $3 million and $50,000

• $4 million

What is the general sentiment of dealers about the art market despite its challenges?

• Indifferent

• Confused

• Optimistic

• Pessimistic