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Kandinsky painting sells for $21.2 million at Christie's auction
Kandinsky painting sells for $21.2 million at Christie's auction

A painting by Wassily Kandinsky has sold for $21.2 million at a Christie's auction of Impressionist and Modern works of art in London. The auction on Tuesday brought in a hefty total of $100.4 million, but the sale lacked any major surprises.  Kandinsky's "Study for Improvisation 3," created in 1909, was the top seller of the evening. The price was in the middle of the auction house's expectation range. The brightly colored landscape painting sold for $16.8 million in 2008. Tuesday's auction also featured Picasso's 1960 painting "Woman Seated in an Armchair," which sold for $9.6 million, slightly surpassing expectations. The painting...

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