VOICED: Record prices return to Sotheby's

The video discusses a successful art auction at Sotheby's, where Picasso's painting sold for $10.3 million, meeting expectations. Giacometti's work fetched $19 million, surpassing estimates. Despite a challenging financial climate, the Impressionist sale was a success, with Derain's painting breaking records at $14 million. The auction house's success is attributed to adjusted expectations and prices aligning with the economic climate, signaling a positive outlook for future auctions.

What was the significance of the sale of Alberto Giacometti's artwork?

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What does the phrase 'vote of confidence from buyers worldwide' imply about the auction?

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