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 raked in by Sotheby's contemporary art sale?

What was the projected selling price for the sculpture by Gober?

How much did the Jeff Koons sculpture sell for compared to its estimated value?

What was the final auction amount compared to the expected amount?

What do dealers say about the current state of the art market?