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Art auction lifts hope for industry rebound

9 extravagant holiday gifts Each year, Neiman Marcus unveils a handful of over-the-top fantasy holiday gifts. Take a quick spin through the luxury retailer's 2009 Christmas Book and you just might forget about scaling back this year. Full Article at CNN/Money

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  1. Sotheby's reported total sales of $181.8 million on Wednesday nightFive works that sold for more than $10 millionPublisher: Weaker dollar, inflation driving many to art as an asset classChristie's raked in $65 million this week, and rare post-war pieces... Full Article at CNN

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  1. An employee displays a photograph showing late rebel hero Ernesto "Che" Guevara taken by Swiss photographer Rene Burri, which was sold during Sotheby's auction of 123 pieces of Swiss art, in Zurich December 7, 2009.
  2. LONDON - DECEMBER 03:  Sotheby's employees adjust a previously unrecorded painting by Rubens at Sotheby's on December 3, 2009 in London, England.
  3. LONDON, ENGLAND - NOVEMBER 27:  A Faberge Imperial enamel cigarette case is displayed n front of a photograph showing Her Imperial Highness Maria Pavlovna, Grand Duchess Vladimir (R) and her family at Sotheby's on November 27, 2009 in London.
  4. LONDON, ENGLAND - NOVEMBER 16:  A limited edition sergical kit created by artist Damien Hirst makes up part of the  'L' Excellence du Savoir-Faire' exhibition at Sotheby's auction house on November 16, 2009 in London, England.
  5. A visitor takes a photo of the creation titled "The Minotaur" by Spanish artist Salvador Dali at the Great Antique Salon exhibition in Kiev, October 6, 2009.
  6. MELBOURNE, AUSTRALIA - JUNE 11:  The 1953 work entitled 'The Royal Heart' is seen ahead of Saturday's public opening of the 'Liquid Desire' Salvador Dali exhibition at NGV International on June 11, 2009 in Melbourne, Australia.
  7. Tate Dougherty, Director for Contemporary Art at Bonhams displays 'La persistance de la memoire' by Spanish artist Salvador Dali, in Hollywood, California, on May 1, 2009. The statue, estimated USD 7,000 to 10,000, will be on auction on May 4, at Bonhams and Butterfields.
  8. DERBY, UNITED KINGDOM - SEPTEMBER 04:  A giant sculpture of a seven-month-old baby by artist Marc Quinn entitled 'Planet' contrasts against the stately grandeur of Chatsworth House and the Derbyshire countryside on 4 September, 2008, Chatsworth, England.
  9. DERBY, UNITED KINGDOM - SEPTEMBER 04:  A fallen leaf sits on Pomme De New York by artist Claude Lalanne as it stands in the gardens of Chatsworth House on 4 September, 2008, Chatsworth, England.

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