Bloomberg’s Scott Reyburn reports on the start of London’s Old Master week, covering Christie’s sale.

Christie’s Auction Sells $32.7 Million of Art as Market Shrinks

Michele Giovanni Marieschi titled "The Courtyard of the Doge's Palace, Venice, with the Giant's Staircase, Saint Mark's Basilica beyond"

By Scott Reyburn

July 8 (Bloomberg) — A London auction ended with the sale of 20.3 million pounds ($32.7 million) of art last night as the market for traditional paintings continued to shrink…