LONDON, June 11, 2009 (Reuters) — Russian art sales in London this week reflected what auction houses conceded was a "new reality" in the once-booming market, with hammer prices generally meeting targets but revenues down sharply on a year ago. Sotheby's dominated the "mid-season" sales, and their series of auctions raised 17.7 million pounds ($29 million), within the expected range of 15-22 million pounds although the tally includes the buyer's premium whereas estimates do not. ... >
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