The way the wind is blowing…

AMERICAN folk art moved into new territory at Sotheby’s New York on October 6 when this life-size Indian chief weathervane with a rich verdigris patina sold for $5.2m/£2.9m (plus 20/12% buyer’s premium).

That folk art, once the poor relation of 'fine' furniture, could realize such a sum was cited as a s…

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