Art Market

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Across
  1. 2. City we have visited via google art project watching "Water Lilies" by Claude Monet. (2 words)
  2. 5. "The lot was .............. at $34 millions." (2 words)
  3. 6. One of the most famous auction houses.
  4. 7. Factual information about a lof offered for sale published in the auction catalogue.
  5. 9. The amount by which the auctioneer increases the bidding. (2 words)
  6. 13. The winning bid for a lot at auction. (2 words)
  7. 15. A trained professional who presides over the auction, initiating the sale of a lot by describing the item and starting the bidding.
  8. 16. The owner who is transferring property to auction house to act as agent on his or her behalf for sale.
Down
  1. 1. Name of the English artist. Speculative bidding for him fueled art auction sales record in 2007. (2 words)
  2. 3. A formal evaluation of the fair market value of a given property.
  3. 4. The terms under which auction house and the consignor agree to sell a lot. (3 words)
  4. 8. Leader of Asian art market.
  5. 10. Author of the most valuable painting (private sale). (2 words)
  6. 11. Luxury goods conglomerate which formed in 2002 the Phillips de Pury & Company.
  7. 12. Establishes the chain of ownership back (if possible) to the date an item was created.
  8. 14. Retail store. One of the places where you can also buy art. (2 words)