like Gabriel Allon’s, was by that evening firmly established. British-born and educated, he was regarded as the most sought-after art consultant in the world—a man so powerful he could move markets with an offhand remark or a wrinkle of his elegant nose. His knowledge of art was legendary, as was the size of his bank account. Lovegrove no longer had to troll for clients; they came to him, usually on bended knee and with promises of vast commissions. The secret of Lovegrove’s success lay in his unfailing eye and in his discretion. Lovegrove never betrayed a confidence; Lovegrove never gossiped or engaged in double-dealing. He was the rarest of birds in the art trade—a man of his word.
His reputation notwithstanding, Lovegrove was beset by his usual case of pre-auction jitters as he hurried along Sixth Avenue. After years of falling prices and anemic sales, the art market was at last beginning to show signs of renewal. The season’s first auctions had been respectable but had fallen short of expectations. Tonight’s sale, the Postwar and Contemporary at Christie’s, had the potential to set the art world ablaze. As usual, Lovegrove had clients at both ends of the action. Two were sellers—vendors, in the lexicon of the trade—while a third was looking to acquire Lot 12, Ocher and Red on Red, oil on canvas, by Mark Rothko. The client in question was unique in that Lovegrove did not know his name. He dealt only with a certain Mr. Hamdali in Paris, who in turn dealt with the client. The arrangement was unorthodox but, from Lovegrove’s perspective, highly lucrative. During the past twelve months alone, the collector had acquired more than two hundred million dollars’ worth of paintings. Lovegrove’s commissions on those sales were in excess of twenty million dollars. If things went according to plan tonight, his net worth would rise substantially.
He rounded the corner onto West Forty-ninth Street and walked a half block to the entrance of Christie’s. The soaring glass-walled lobby was a sea of diamonds, silk, ego, and collagen. Lovegrove paused briefly to kiss the perfumed cheek of a German packaging heiress before making his way to the coat check line, where he was promptly set upon by a pair of secondary dealers from the Upper East Side. He put them off with a defensive movement of his hand, then collected his bidding paddle and headed upstairs to the salesroom.
For all its intrigue and glamour, it was a surprisingly ordinary room, a cross between the United Nations General Assembly hall and the church of a television evangelist. The walls were a drab shade of gray-beige, as were the folding chairs, which were smashed tightly together to maximize the limited space. Behind the pulpitlike rostrum was a revolving display case and, next to the case, a bank of telephones staffed by a half-dozen Christie’s employees. Lovegrove glanced up at the sky suites, hoping to glimpse a face or two behind the tinted glass, then turned warily toward the reporters penned like cattle in the back corner. Concealing his paddle number, he hurried past them and headed to his usual seat at the front of the room. It was the Promised Land, the place where all dealers, consultants, and collectors hoped one day to sit. It was not a spot for the faint of heart or the short of cash. Lovegrove referred to it as “the kill zone.”
The auction was scheduled to begin at six. Francis Hunt, Christie’s chief auctioneer, granted his fidgety audience five additional minutes to find their seats before taking his place. He had polished manners and a droll English urbanity that for some inexplicable reason still made Americans feel inferior. In his right hand was the famous “black book” that held the secrets of the universe, at least as far as this evening was concerned. Each lot in the sale had its own page containing information such as the seller’s reserve, a seating chart showing the location of expected bidders, and Hunt’s strategy for extracting the highest possible price. Lovegrove’s name appeared on the page devoted to Lot 12, the Rothko. During a private presale viewing, Lovegrove had hinted he might be interested, but only if the price was right and the stars were in proper alignment. Hunt knew Lovegrove was lying, of course. Hunt knew everything.
He wished the audience a pleasant evening, then, with all the fanfare of a maître d’ summoning a party of four, said, “Lot One, the Twombly.” The bidding commenced immediately, moving swiftly upward in hundred-thousand-dollar increments. The auctioneer deftly managed the process with the help of two immaculately coiffed spotters who strutted and posed behind the rostrum like a pair of male models at a photo shoot. Lovegrove might have been impressed with the performance had he not known it was all carefully choreographed and rehearsed in advance. At one million five, the bidding stalled, only to be revived by a telephone bid for one million six. Five more bids followed in quick succession, at which point the bidding paused for a second time. “The bid is two point one million, with Cordelia on the telephone,” Hunt intoned, eyes moving seductively from bidder to bidder. “It’s not with you, madam. Nor with you, sir. Two point one, on the telephone, for the Twombly. Fair warning now. Last chance.” Down came the gavel with a sharp crack. “Thank you,” murmured Hunt as he recorded the transaction in his black book.
After the Twombly, it was the Lichtenstein, followed by the Basquiat, the Diebenkorn, the De Kooning, the Johns, the Pollock, and a parade of Warhols. Each work fetched more than the presale estimate and more than the previous lot. It was no accident; Hunt had cleverly stacked the deck to create an ascending scale of excitement. By the time Lot 12 slid onto the display case, he had the audience and the bidders exactly where he wanted them.
“On my right we have the Rothko,” he announced. “Shall we start the bidding at twelve million?”
It was two million above the presale estimate, a signal that Hunt expected the work to go big. Lovegrove drew a mobile phone from the breast pocket of his Brioni suit jacket and dialed a number in Paris. Hamdali answered. He had a voice like warm tea sweetened with honey.
“My client would like to get a sense of the room before making a first bid.”
“Wise move.”
Lovegrove placed the phone on his lap and folded his hands. It quickly became apparent they were in for a tough fight. Bids flew at Hunt from all corners of the room and from the Christie’s staff manning the telephones. Hector Candiotti, art adviser to a Belgian industrial magnate, was holding his paddle in the air like a crossing guard, a blusterous bidding technique known as steamrolling. Tony Berringer, who worked for a Russian aluminum oligarch, was bidding as though his life depended on it, which was not beyond the realm of possibility. Lovegrove waited until the price reached thirty million before picking up the phone again.
“Well?” he asked calmly.
“Not yet, Mr. Lovegrove.”
This time, Lovegrove kept the phone pressed to his ear. In Paris, Hamdali was speaking to someone in Arabic. Unfortunately, it was not one of the several languages Lovegrove spoke fluently. Biding his time, he surveyed the sky suites, searching for secret bidders. In one he noticed a beautiful young woman holding a mobile phone. After a few seconds, Lovegrove noticed something else. When Hamdali was speaking, the woman was sitting silently. And when the woman was speaking, Hamdali was saying nothing. It was probably a coincidence, he thought. But then again, maybe not.
“Perhaps it’s time to test the waters,” suggested Lovegrove, his eyes on the woman in the skybox.
“Perhaps you’re right,” answered Hamdali. “One moment, please.”
Hamdali murmured a few words in Arabic. A few seconds later, the woman in the skybox spoke into her mobile phone. Then, in English, Hamdali said, “The client agrees, Mr. Lovegrove. Please make your first bid.”
The current bid was thirty-four million. With the arch of a single eyebrow, Lovegrove raised it by another million.
“We have thirty-five,” said Hunt, in a tone that indicated a serious new predator had entered the fray. Hector Candiotti immediately countered, as did Tony Berringer. A pair of sparring telephone bidders pushed the price across the forty-million-dollar threshold. Then Jack Chambers, the real estate king, casually bid forty-one. Lovegrove wasn’t
