The museum bought the letters from an anonymous private collector via Sotheby's in New York.
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The dealers say they are not worried by the results of the Sotheby's sale.
Sotheby's Chief Operating Officer Bruno Vinciguerra fielded the winning telephone bid for the work.
Sotheby's confirmed on Friday that it signed a joint-venture agreement with Beijing GeHua Art Co.
The highest price ever paid for a bow at auction was at Sotheby's in 1988.
Sotheby's will feature a moody Manhattan skyline by the artist during next month's sales.
It's a literary treasure trove, said Justin Caldwell, a specialist in books and manuscripts at Sotheby's.
The art dealer entered into a "prolonged" fight with three other collectors, Sotheby's said.
Starting this month Ebay began joint online auctions with Sotheby's for fine art, antiques and collectibles.
Mr. Rankin shared the listing with Russell Firestone and Lawrence Calvert, also of TTR Sotheby's.
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Sotheby's might want to send a bidding paddle to Da Vinci Code author Dan Brown.
Back at Sotheby's, I did nail down a glowing Hans Hoffman canvas from 1952.
Sotheby's and Christie's each offered a Bridget Riley of undulating, vibratory lines from the 1970s.
The Sotheby's picture, the earlier of the two works, was darker and much more vibrant.
Sotheby's ( BID - news - people ) holds auctions online through Sothebys.com.
"We have made no decision or commitment for the future, " says Sotheby's spokesman Matthew Weigman .
Just look at the catalogs from Christie's and Sotheby's and catch the high estimates.
But Sotheby's patrons will have to wait until Dec. 11 for the really big rocks.
The Sotheby's folk guess that it's the last letter Kahlo ever wrote to Rivera.
Van Batenburg cites four catalysts for what he expects to be an upside surprise from Sotheby's.
Secondly, both Sotheby's and Christie's raised commission rates earlier this year by about 12%.
Seattle-based broker Dean Jones, with Realogics Sotheby's International Realty, says a bad name erodes value.
An indignant Sotheby's protested about some of the allegations, launching its own internal investigation.
Mr Molderings says that he voiced doubts to Sotheby's before the sale, to no avail.
The chairman and chief executive of Sotheby's followed suit less than two months later.
Former Sotheby's CEO testifies Alfred Taubman had an eye for detail but not numbers.
Lawyers for Alfred Taubman, the former Sotheby's chairman on trial for price fixing, blame Diana Brooks.
To take further advantage of his opportunity, Mr Arnault has been pillaging Sotheby's and Christie's ruthlessly.
Mr Arnault has also tried but so far failed to buy out Alfred Taubman's controlling stake in Sotheby's.
But the most heavily represented sport in the Sotheby's sale is baseball, America's national pastime.
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