A little too much softness in the results of lots estimated above €10K dampened the numbers from the Photography and Contemporary Art sales at Lempertz in Cologne last week. While the top photo lot Gerhard Richter overpainted image did sell, several others in the middle price tier did not. With an overall Buy-In rate for photography near 38%, the Total Sale Proceeds for photography came in at roughly €520K, just below the aggregate pre-sale low estimate.... Read on.