A Pre-Columbian Auction Falls Short for Sotheby’s

Sotheby’s weekend sale in Paris of pre-Columbian artifacts earned about $13.3 million, well below the pre-sale estimate of $19 million to $23 million, according to the auction house. Four Latin American nations — Mexico, Peru, Guatemala and Costa Rica — had objected to the sale, and the controversy was publicized heavily in the European media. About half the items from the Barbier-Mueller collection sold in the face of assertions by the four nations that more …