LONDON, 7 December 2011 - 'White Glove' – the most sought after result for any auction, where every single lot in the sale sells. When the last lot is hammered down and the status confirmed, there’s always applause, often cheers.

The Contemporary sale in Paris on the evening of 7 December was packed and saw everything sell for €11,282,250 ($15,098,358) with three-quarters of the lots going over the high estimates. Two of my favourite works in the sale – Pierre Soulages' Peinture from his Polyptiques Latents series and Jean-Michel Basquiat’s 1984 self-portrait MP, which had been off the market for over 25 years – were coincidentally the highest prices selling for €1,576,750/$2,110,070 and €1,296,750 respectively.