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From: "Marion Maneker" <marion@puck.news>
To: <enzo@showfile.com>
Subject: =?UTF-8?Q?The_Fall_Data_Report:_November_N?=
	=?UTF-8?Q?umbers_Breakdown_&_Christie=E2=80=99s_De?=
	=?UTF-8?Q?cade_in_Data?=
Date: Wed, 3 Dec 2025 22:32:09 -0000
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Welcome back to Wall Power’s Inner Circle. I’m Marion Maneker. Tonight, I’m 
running through the numbers from the New York sales some two weeks ago. The 
$2.2 billion total is well above last year’s dismal results but still well 
below the post-Covid peaks of 2021 and 2022. That’s a good thing. The last 
thing the art market needs is to swing from one extreme to the other. Now it’s 
in something of a Goldilocks moment—not too hot, not too cold—but the 
numbers are more interesting than simply a recovery at the top of the 
market. Will this moment last? I’ll provide more details below the fold.  ͏ 
͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ 
͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ 
 ͏                                      
             





Dec 3, 2025












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PREVIEW VERSION


For full access to Puck Inner Circle content, subscribe today.




 	Marion Maneker


Welcome back to Wall Power’s Inner Circle. I’m Marion Maneker.

Miami has been surprisingly upbeat. Thank you to everyone who introduced 
themselves, I really do appreciate it. And I’ll say it again: This 
newsletter works best when I’m able to channel your interests and concerns. 
Don’t ever feel you can’t tell me when I’ve gotten it wrong. You can always 
reach me by responding to these emails, or texting +1 (917) 825-1391 on 
WhatsApp, Signal, or SMS.

Tonight, I’m running through the numbers from the New York sales some two 
weeks ago. The $2.2 billion total is well above last year’s dismal results 
but still well below the post-Covid peaks of 2021 and 2022. That’s a good 
thing. The last thing the art market needs is to swing from one extreme to 
the other. Now it’s in something of a Goldilocks moment—not too hot, not too 
cold—but the numbers are more interesting than simply a recovery at the top 
of the market. Will this moment last? I’ll provide more details below the 
fold.

But first…


*	It’s all about the collections, baby: If you want a sense of how important 
large estates are to the auction market, this chart that Pi-eX’s Christine 
Bourron posted on LinkedIn lays it out in great detail. Removing the estates 
from the November results leaves the market...




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The Breguet Classique Souscription 2025 represents a reinvention of a 
timeless icon – paying tribute to the original aesthetic, elevated by a 
contemporary perspective. Join Breguet in celebrating 250 years of 
horological excellence.




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Two Weeks in November



A deep data-driven dive into the November sales and what they tell us about 
the art market’s “just right” moment.




 	Marion Maneker




November’s New York sales prompted a huge sigh of relief from the art 
market. Even though the last three years have seen strong sales in the price 
bands below six figures, the market cannot generate enough volume, momentum, 
or word-of-mouth urgency without significant transactions in the eight- and 
nine-figure range. That opportunity arrived this season, with the sales of 
collections from Leonard Lauder, Joan Saltzman, Cindy and Jay Pritzker, and 
Robert and Patricia Weis, among others. The boost in volume also seemed to 
help bring in discretionary sellers hoping to draft on the estate-generated 
enthusiasm. All told, there were 40 lots that sold for prices above $10 
million.

The result from Christie’s, Phillips, and Sotheby’s was...




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A MESSAGE FROM BREGUET







The Breguet Classique Souscription 2025 represents a reinvention of a 
timeless icon – paying tribute to the original aesthetic, elevated by a 
contemporary perspective. Join Breguet in celebrating 250 years of 
horological excellence.


The Breguet Classique Souscription 2025 represents a reinvention of a 
timeless icon – paying tribute to the original aesthetic, elevated by a 
contemporary perspective. Join Breguet in celebrating 250 years of 
horological excellence.







The ultimate fashion industry bible, offering incisive reportage on all 
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Rush Hour Revival Mysteries



KIM MASTERS




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SoCal’s $2.6B Mall



SARAH SHAPIRO




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The ’26 Endorsement Trap



PETER HAMBY








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style=3D"color:#d40000;text-decoration:none;">Marion Maneker</a>
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<table class=3D"c4 oq" width=3D"100%" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-break:break-word;=
"><tbody><tr><td class=3D"r5" style=3D"padding-bottom:32px;"><div =
style=3D"color:#000000;direction:ltr;font-family:&#39;Inter&#39;,&#39;Ari=
al&#39;;font-size:17px;font-weight:400;letter-spacing:0px;line-height:1.5=
;text-align:left;mso-line-height-alt:26px;"><p =
style=3D"margin:0;">Welcome back to Wall Power=E2=80=99s Inner Circle. =
I=E2=80=99m <strong>Marion
Maneker</strong>.<br/><br/>Miami has been surprisingly upbeat. Thank you =
to everyone who introduced themselves, I really do appreciate it. And =
I=E2=80=99ll say it again: This newsletter works best when I=E2=80=99m =
able to channel your interests and concerns. Don=E2=80=99t ever feel you =
can=E2=80=99t tell me when I=E2=80=99ve gotten it wrong. You can always =
reach me by responding to these emails, or texting +1 (917) 825-1391 on =
WhatsApp, Signal, or SMS.<br/><br/>Tonight, I=E2=80=99m running through =
the numbers from the New York sales some two
weeks ago. The $2.2 billion total is well above last year=E2=80=99s =
dismal results but still well below the post-Covid peaks of 2021 and =
2022. That=E2=80=99s a <em>good</em> thing. The last thing the art =
market needs is to swing from one extreme to the other. Now it=E2=80=99s =
in something of a Goldilocks moment=E2=80=94not too hot, not too =
cold=E2=80=94but the numbers are more interesting than simply a recovery =
at the top of the market. Will this moment last? I=E2=80=99ll provide =
more details below the fold.<br/><br/><em>But first=E2=80=A6</em></p>
</div>
</td></tr></tbody></table>
<table class=3D"q p" width=3D"100%" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-break:break-word;=
color:#000000;direction:ltr;font-family:&#39;Inter&#39;,&#39;Arial&#39;;f=
ont-size:17px;font-weight:400;letter-spacing:0px;line-height:1.5;text-ali=
gn:left;mso-line-height-alt:26px;"><tbody><tr><td class=3D"r5" =
style=3D"padding-bottom:8px;"><div style=3D"margin-left:-20px"><ul =
start=3D"1" =
style=3D"margin-top:0;margin-bottom:0;list-style-type:revert;"><li =
style=3D"Margin:0 0 24px 0;"><em>It=E2=80=99s all about the collections, =
baby</em>: If you want a sense of how important large estates are to the =
auction market, this <a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdhNWxmX1A2YnRTaS1Ec2tvRlVmcz0iLCJocmVmIjoiaHR0cHM6Ly93d3cubGlua2VkaW=
4uY29tL3Bvc3RzL2Nib3Vycm9uX2FydC1maW5lYXJ0LWF1Y3Rpb24tc2hhcmUtNzM5ODc4OTc=
zODQ3Nzg3NTIwMC1pa3daP3V0bV9zb3VyY2U9c2hhcmVcdTAwMjZ1dG1fbWVkaXVtPW1lbWJl=
cl9kZXNrdG9wXHUwMDI2cmNtPUFDb0FBQUFveTFvQmxkdzRhLW16YTFycUpfcS1kMHByNFg2c=
TN4c1x1MDAyNnV0bV9jYW1wYWlnbj1JQytFeGNsdXNpdmUrV2FsbCtQb3dlcistK0xFQURTKy=
UyODEyJTJGMyUyRjI1JTI5XHUwMDI2dXRtX2NvbnRlbnQ9SUMrRXhjbHVzaXZlK1dhbGwrUG9=
3ZXIrLStMRUFEUyslMjgxMiUyRjMlMkYyNSUyOVx1MDAyNnV0bV9tZWRpdW09ZW1haWxfYWN0=
aW9uXHUwMDI2dXRtX3NvdXJjZT1jdXN0b21lci5pb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE1Z=
TNkMzAxZDQ4ZDI4IiwiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaW=
QiOjI0NTk2NDB9/0259d5bf75f325c37264ab0a46a201152614c1267c815f02e0df89bd56=
33d98d" style=3D"text-decoration:underline;color:#d40000;">chart</a> =
that Pi-eX=E2=80=99s <strong>Christine Bourron </strong>posted on =
LinkedIn lays it out in great detail.
Removing the estates from the November results leaves the =
market...</li></ul></div>
</td></tr></tbody></table>
</td></tr></tbody></table>
</td></tr></tbody></table>
<table align=3D"center" width=3D"100%" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbody><tr><td>
<table class=3D"c ie" align=3D"center" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;background-color:#ffff=
ff;border-radius:0;color:#000000;width:600px;margin:0 auto;" =
width=3D"600"><tbody><tr><td class=3D"yq o" width=3D"100%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-a=
lign:left;border-bottom:1px solid #d40000;border-top:1px solid =
#d40000;padding-bottom:16px;padding-left:32px;padding-right:32px;padding-=
top:32px;
vertical-align:top;">
<table class=3D"c4 np" width=3D"100%" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-break:break-word;=
"><tbody><tr><td class=3D"r5" style=3D"padding-bottom:16px;"><div =
style=3D"color:#000000;direction:ltr;font-family:&#39;Inter&#39;,&#39;Ari=
al&#39;;font-size:17px;font-weight:400;letter-spacing:0px;line-height:1.2=
;text-align:left;mso-line-height-alt:20px;"><p style=3D"margin:0;">A =
MESSAGE FROM BREGUET</p></div>
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<table class=3D"j oq n5" width=3D"100%" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbody><tr><td =
class=3D"r5" style=3D"padding-bottom:16px;width:100%;"><div class=3D"r" =
align=3D"center"><div style=3D"max-width:536px;"><a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdhNWxmX1A2YnRTaS1Ec2tvRlVmcz0iLCJocmVmIjoiaHR0cDovL3d3dy5icmVndWV0Lm=
NvbS9lbi8yNTAvc291c2NyaXB0aW9uLz91dG1fY2FtcGFpZ249U291c2NyaXB0aW9uXzIwMjV=
cdTAwMjZ1dG1fc291cmNlPVB1Y2tcdTAwMjZ1dG1fbWVkaXVtPURpc3BsYXlcdTAwMjZ1dG1f=
Y29udGVudD1OZXdzbGV0dGVyU3BvbnNvcnNoaXA2MDB4NDAwXHUwMDI2dXRtX2NhbXBhaWduP=
UlDK0V4Y2x1c2l2ZStXYWxsK1Bvd2VyKy0rTEVBRFMrJTI4MTIlMkYzJTJGMjUlMjlcdTAwMj=
Z1dG1fY29udGVudD1JQytFeGNsdXNpdmUrV2FsbCtQb3dlcistK0xFQURTKyUyODEyJTJGMyU=
yRjI1JTI5XHUwMDI2dXRtX21lZGl1bT1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1=
c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hb=
CI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6MjQyNDg1N30/3d31bef377a10b=
ac1d985ec026d847ed2d59d24a97f34ff6a5473069b5b6a460" =
target=3D"_blank"><img =
src=3D"https://userimg-assets.customeriomail.com/images/client-env-107382=
/1762796757910_202510-BR0507-USA-PuckDigital-Souscription25-600x400_01K9Q=
DZS74PM9XDPE7QM7736ZG.jpg" =
style=3D"display:block;height:auto;border:0;width:100%;" width=3D"536" =
alt=3D"Breguet" title=3D"Breguet" height=3D"auto"/></a></div></div>
</td></tr></tbody></table>
<table class=3D"j p n" width=3D"100%" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;mso-hide:all;display:n=
one;max-height:0;overflow:hidden;"><tbody><tr><td class=3D"r5" =
style=3D"padding-bottom:16px;width:100%;"><div class=3D"r" =
align=3D"center"><div style=3D"max-width:536px;"><a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdhNWxmX1A2YnRTaS1Ec2tvRlVmcz0iLCJocmVmIjoiaHR0cDovL3d3dy5icmVndWV0Lm=
NvbS9lbi8yNTAvc291c2NyaXB0aW9uLz91dG1fY2FtcGFpZ249U291c2NyaXB0aW9uXzIwMjV=
cdTAwMjZ1dG1fc291cmNlPVB1Y2tcdTAwMjZ1dG1fbWVkaXVtPURpc3BsYXlcdTAwMjZ1dG1f=
Y29udGVudD1OZXdzbGV0dGVyU3BvbnNvcnNoaXA2MDB4NzAwXHUwMDI2dXRtX2NhbXBhaWduP=
UlDK0V4Y2x1c2l2ZStXYWxsK1Bvd2VyKy0rTEVBRFMrJTI4MTIlMkYzJTJGMjUlMjlcdTAwMj=
Z1dG1fY29udGVudD1JQytFeGNsdXNpdmUrV2FsbCtQb3dlcistK0xFQURTKyUyODEyJTJGMyU=
yRjI1JTI5XHUwMDI2dXRtX21lZGl1bT1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1=
c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hb=
CI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6MjQyNDg1OH0/1d24eba3543ced=
19c9fcbb7de5453d2862aabd0df678244f182719547e836bbe" =
target=3D"_blank"><img =
src=3D"https://userimg-assets.customeriomail.com/images/client-env-107382=
/1762528750012_202510-BR0507-USA-PuckDigital-Souscription25-600x700_01K9F=
ECTKVM6GQDBDS9R0JZ35D.jpg" =
style=3D"display:block;height:auto;border:0;width:100%;" width=3D"536" =
alt=3D"Breguet" title=3D"Breguet" height=3D"auto"/></a></div></div>
</td></tr></tbody></table>
<table class=3D"c4 n5" width=3D"100%" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-break:break-word;=
"><tbody><tr><td class=3D"r5" style=3D"padding-bottom:7px;"><div =
style=3D"color:#000000;direction:ltr;font-family:&#39;Inter&#39;,&#39;Ari=
al&#39;;font-size:14px;font-weight:400;letter-spacing:0px;line-height:1.5=
;text-align:justify;mso-line-height-alt:21px;"><p =
style=3D"margin:0;">The Breguet Classique Souscription 2025 represents a =
reinvention of a timeless
icon =E2=80=93 paying tribute to the original aesthetic, elevated by a =
contemporary perspective. Join Breguet in celebrating 250 years of =
horological excellence.</p></div>
</td></tr></tbody></table>
<table class=3D"c4 n" width=3D"100%" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;mso-hide:all;display:n=
one;max-height:0;overflow:hidden;word-break:break-word;"><tbody><tr><td =
class=3D"r5" style=3D"padding-bottom:7px;"><div =
style=3D"color:#000000;direction:ltr;font-family:&#39;Inter&#39;,&#39;Ari=
al&#39;;font-size:16px;font-weight:400;letter-spacing:0px;line-height:1.5=
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excellence.</p></div>
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cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbody><tr><td =
class=3D"r5" style=3D"width:100%;"><div class=3D"r" =
align=3D"center"><div style=3D"max-width:600px;"><a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdhNWxmX1A2YnRTaS1Ec2tvRlVmcz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvdG=
hlLW5vdmVtYmVyLTIwMjUtYXJ0LW1hcmtldC1pbi1udW1iZXJzLz91dG1fY2FtcGFpZ249SUM=
rRXhjbHVzaXZlK1dhbGwrUG93ZXIrLStMRUFEUyslMjgxMiUyRjMlMkYyNSUyOVx1MDAyNnV0=
bV9jb250ZW50PUlDK0V4Y2x1c2l2ZStXYWxsK1Bvd2VyKy0rTEVBRFMrJTI4MTIlMkYzJTJGM=
jUlMjlcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsX2FjdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3VzdG=
9tZXIuaW9cdTAwMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImludGVybmFsIjo=
iZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjoyNDU5NjQyfQ/c6b2d486382c924f9=
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src=3D"https://userimg-assets.customeriomail.com/images/client-env-107382=
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style=3D"display:block;height:auto;border:
0;width:100%;" width=3D"600" alt=3D"Two Weeks in November" title=3D"Two =
Weeks in November" height=3D"auto"/></a></div></div>
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<table class=3D"j oq" width=3D"100%" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbody><tr><td =
class=3D"r5" =
style=3D"padding-bottom:8px;padding-left:24px;padding-right:24px;padding-=
top:24px;width:100%;"><div class=3D"r" align=3D"left"><div =
style=3D"max-width:142px;"><img =
src=3D"https://userimg-assets.customeriomail.com/images/client-env-107382=
/1735839782111_ice-badge_01JGM1T57TV42CK4RX9AZ2QJ1N.png" =
style=3D"display:block;height:auto;border:0;width:
100%;" width=3D"142" alt=3D"Inner Circle Exclusive" title=3D"Inner =
Circle Exclusive" height=3D"auto"/></div></div>
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cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbody><tr><td =
class=3D"r5" =
style=3D"padding-bottom:16px;padding-left:24px;padding-right:24px;text-al=
ign:center;width:100%;"><h1 =
style=3D"margin:0;color:#000000;direction:ltr;font-family:&#39;PuckSerifD=
isplay&#39;,&#39;Georgia&#39;;font-size:48px;font-weight:400;letter-spaci=
ng:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;ms=
o-line-height-alt:58px;"><a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdhNWxmX1A2YnRTaS1Ec2tvRlVmcz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvdG=
hlLW5vdmVtYmVyLTIwMjUtYXJ0LW1hcmtldC1pbi1udW1iZXJzLz91dG1fY2FtcGFpZ249SUM=
rRXhjbHVzaXZlK1dhbGwrUG93ZXIrLStMRUFEUyslMjgxMiUyRjMlMkYyNSUyOVx1MDAyNnV0=
bV9jb250ZW50PUlDK0V4Y2x1c2l2ZStXYWxsK1Bvd2VyKy0rTEVBRFMrJTI4MTIlMkYzJTJGM=
jUlMjlcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsX2FjdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3VzdG=
9tZXIuaW9cdTAwMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImludGVybmFsIjo=
iZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjoyNDU5NjQyfQ/c6b2d486382c924f9=
ed1bfa038065fb05a892d3c1e15376208dc8207b8be8372" target=3D"_blank" =
style=3D"text-decoration:none;color:#d40000;" =
data-mce-attribute-name-1=3D"" data-mce-attribute-value-1=3D"" =
data-mce-attributes-count=3D"1" rel=3D"noopener"><span =
style=3D"word-break:break-word;position:relative;" =
data-position=3D"80-0-2" data-qa=3D"tinyeditor-root-element">Two Weeks =
in November</span></a></h1>
</td></tr></tbody></table>
<table class=3D"c4" width=3D"100%" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-break:break-word;=
"><tbody><tr><td class=3D"r5" =
style=3D"padding-left:24px;padding-right:24px;"><div =
style=3D"color:#000000;direction:ltr;font-family:&#39;Inter&#39;,&#39;Ari=
al&#39;;font-size:19px;font-weight:400;letter-spacing:0px;line-height:1.5=
;text-align:left;mso-line-height-alt:29px;"><p style=3D"margin:0;">A =
deep data-driven dive into the November sales and what they tell us
about the art market=E2=80=99s =E2=80=9Cjust right=E2=80=9D =
moment.</p></div>
</td></tr></tbody></table>
</td></tr></tbody></table>
</td></tr></tbody></table>
<table align=3D"center" width=3D"100%" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbody><tr><td>
<table class=3D"c ie" align=3D"center" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;background-color:#ffff=
ff;border-bottom:8px solid transparent;border-left:24px solid =
transparent;border-radius:0;border-right:24px solid =
transparent;border-top:8px solid =
transparent;color:#000000;width:600px;margin:0 auto;" =
width=3D"600"><tbody><tr><td class=3D"yq o" width=3D"100%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-a=
lign:
left;border-bottom:1px solid #d40000;border-top:1px solid =
#d40000;vertical-align:top;border-radius:0px;">
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cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;text-align:left;line-h=
eight:0;"><tbody><tr><td class=3D"r5" =
style=3D"vertical-align:middle;color:#d40000;font-family:&#39;PuckSerifDi=
splay&#39;,&#39;Georgia&#39;;font-size:20px;font-weight:400;padding-botto=
m:8px;padding-right:8px;padding-top:8px;text-align:left;">
<table class=3D"b" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;display:inline-block;p=
adding-left:0px;padding-right:0px;" cellpadding=3D"0" cellspacing=3D"0" =
role=3D"presentation"><tbody><tr><td =
style=3D"vertical-align:middle;text-align:center;padding-top:0px;padding-=
bottom:0px;padding-left:0px;padding-right:0px;"><a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdhNWxmX1A2YnRTaS1Ec2tvRlVmcz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvYX=
V0aG9yL21hcmlvbi1tYW5la2VyLz91dG1fY2FtcGFpZ249SUMrRXhjbHVzaXZlK1dhbGwrUG9=
3ZXIrLStMRUFEUyslMjgxMiUyRjMlMkYyNSUyOVx1MDAyNnV0bV9jb250ZW50PUlDK0V4Y2x1=
c2l2ZStXYWxsK1Bvd2VyKy0rTEVBRFMrJTI4MTIlMkYzJTJGMjUlMjlcdTAwMjZ1dG1fbWVka=
XVtPWVtYWlsX2FjdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG1fdG=
VybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImludGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDh=
kMjgiLCJsaW5rX2lkIjo4NDc4MTd9/b3b183febdaba7f5a76ecd1f6c988d1a290064387e1=
f5caeb8c93b2877a9f7b4" target=3D"_self" title=3D"" =
style=3D"text-decoration:none;"><img alt=3D"Marion Maneker" =
src=3D"https://userimg-assets.customeriomail.com/images/client-env-107382=
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.png" height=3D"auto" width=3D"48" align=3D"center" =
style=3D"display:block;height:auto;margin:0 auto;border:0;"/></a>
</td><td =
style=3D"font-family:&#39;PuckSerifDisplay&#39;,&#39;Georgia&#39;;font-si=
ze:20px;font-weight:400;color:#d40000;vertical-align:middle;letter-spacin=
g:normal;text-align:left;line-height:normal;"><a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdhNWxmX1A2YnRTaS1Ec2tvRlVmcz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvYX=
V0aG9yL21hcmlvbi1tYW5la2VyLz91dG1fY2FtcGFpZ249SUMrRXhjbHVzaXZlK1dhbGwrUG9=
3ZXIrLStMRUFEUyslMjgxMiUyRjMlMkYyNSUyOVx1MDAyNnV0bV9jb250ZW50PUlDK0V4Y2x1=
c2l2ZStXYWxsK1Bvd2VyKy0rTEVBRFMrJTI4MTIlMkYzJTJGMjUlMjlcdTAwMjZ1dG1fbWVka=
XVtPWVtYWlsX2FjdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG1fdG=
VybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImludGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDh=
kMjgiLCJsaW5rX2lkIjo4NDc4MTd9/b3b183febdaba7f5a76ecd1f6c988d1a290064387e1=
f5caeb8c93b2877a9f7b4" target=3D"_self" title=3D"" =
style=3D"color:#d40000;text-decoration:none;">Marion Maneker</a>
</td></tr></tbody></table>
</td></tr></tbody></table>
</td></tr></tbody></table>
</td></tr></tbody></table>
<table align=3D"center" width=3D"100%" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbody><tr><td>
<table class=3D"c ie" align=3D"center" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;background-color:#ffff=
ff;border-radius:0;color:#000000;width:600px;margin:0 auto;" =
width=3D"600"><tbody><tr><td class=3D"yq o" width=3D"100%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-a=
lign:left;padding-left:24px;padding-right:24px;padding-top:16px;vertical-=
align:top;">
<table class=3D"c4 np" width=3D"100%" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-break:break-word;=
"><tbody><tr><td class=3D"r5" style=3D"padding-bottom:32px;"><div =
style=3D"color:#000000;direction:ltr;font-family:&#39;Inter&#39;,&#39;Ari=
al&#39;;font-size:17px;font-weight:400;letter-spacing:0px;line-height:1.5=
;text-align:left;mso-line-height-alt:26px;"><p =
style=3D"margin:0;">November=E2=80=99s New York sales prompted a =
<em>huge</em> sigh of relief from the art
market. Even though the last three years have seen strong sales in the =
price bands below six figures, the market cannot generate enough volume, =
momentum, or word-of-mouth urgency without significant transactions in =
the eight- and nine-figure range. That opportunity arrived this season, =
with the sales of collections from <strong>Leonard Lauder</strong>, =
<strong>Joan Saltzman</strong>, <strong>Cindy</strong> and<strong> Jay =
Pritzker</strong>, and <strong>Robert</strong> and
<strong>Patricia Weis</strong>, among others. The boost in volume also =
seemed to help bring in discretionary sellers hoping to draft on the =
estate-generated enthusiasm. All told, there were 40 lots that sold for =
prices above $10 million.<br/><br/>The result from Christie=E2=80=99s, =
Phillips, and Sotheby=E2=80=99s was...</p></div>
</td></tr></tbody></table>
</td></tr></tbody></table>
</td></tr></tbody></table>
<table class=3D"n3" align=3D"center" width=3D"100%" border=3D"0" =
cellpadding=3D"0" cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbody><tr><td>
<table class=3D"c ie" align=3D"center" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;background-color:#ffff=
ff;border-radius:0;color:#000000;width:600px;margin:0 auto;" =
width=3D"600"><tbody><tr><td class=3D"yq o" width=3D"100%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-a=
lign:left;padding-left:24px;padding-right:24px;vertical-align:top;">
<table class=3D"g np" width=3D"100%" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbody><tr><td =
class=3D"r5" style=3D"padding-bottom:32px;text-align:center;"><div =
class=3D"r" align=3D"center"><a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
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K1Bvd2VyKy0rTEVBRFMrJTI4MTIlMkYzJTJGMjUlMjlcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsX=
2FjdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG1fdGVybT1mNmM2MD=
YxNWUzZDMwMWQ0OGQyOCIsImludGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5=
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px solid #d40000;border-left:2px solid #d40000;border-radius:4px;
border-right:2px solid #d40000;border-top:2px solid =
#d40000;color:#ffffff;display:inline-block;font-family:&#39;Inter&#39;,&#=
39;Arial&#39;;font-size:14px;font-weight:700;mso-border-alt:none;padding-=
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center;width:60%;word-break:keep-all;letter-spacing:normal;"><span =
style=3D"word-break:break-word;line-height:28px;">JOIN THE INNER =
CIRCLE</span></span></a></div>
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</td></tr></tbody></table>
</td></tr></tbody></table>
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top:32px;
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al&#39;;font-size:17px;font-weight:400;letter-spacing:0px;line-height:1.2=
;text-align:left;mso-line-height-alt:20px;"><p style=3D"margin:0;">A =
MESSAGE FROM BREGUET</p></div>
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href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdhNWxmX1A2YnRTaS1Ec2tvRlVmcz0iLCJocmVmIjoiaHR0cDovL3d3dy5icmVndWV0Lm=
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style=3D"padding-bottom:16px;width:100%;"><div class=3D"r" =
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yRjI1JTI5XHUwMDI2dXRtX21lZGl1bT1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1=
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icon =E2=80=93 paying tribute to the original aesthetic, elevated by a =
contemporary perspective. Join Breguet in celebrating 250 years of =
horological excellence.</p></div>
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perspective. Join Breguet in celebrating 250 years of horological =
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;text-align:left;mso-line-height-alt:20px;"><p style=3D"margin:0;">The =
ultimate fashion industry bible, offering incisive reportage on all =
aspects of the business and its biggest
players. Anchored by preeminent fashion journalist Lauren Sherman, Line =
Sheet also features veteran reporter Rachel Strugatz, who delivers =
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05LQUdhNWxmX1A2YnRTaS1Ec2tvRlVmcz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3Mvd2=
h5LXBhcmFtb3VudC1sZXQtZG9uYWxkLXRydW1wLWdyZWVubGlnaHQtcnVzaC1ob3VyLTQvP3V=
0bV9jYW1wYWlnbj1JQytFeGNsdXNpdmUrV2FsbCtQb3dlcistK0xFQURTKyUyODEyJTJGMyUy=
RjI1JTI5XHUwMDI2dXRtX2NvbnRlbnQ9SUMrRXhjbHVzaXZlK1dhbGwrUG93ZXIrLStMRUFEU=
yslMjgxMiUyRjMlMkYyNSUyOVx1MDAyNnV0bV9tZWRpdW09ZW1haWxfYWN0aW9uXHUwMDI2dX=
RtX3NvdXJjZT1jdXN0b21lci5pb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE1ZTNkMzAxZDQ4ZDI=
4IiwiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjI0NTg5ODd9=
/c5417a6dd2b631e7cd08d961b4b7889a2eb8111eaa575b97d3a55339dfecff29" =
target=3D"_blank" style=3D"text-decoration:none;color:#d40000;" =
data-mce-attribute-name-1=3D"" data-mce-attribute-value-1=3D"" =
data-mce-attributes-count=3D"1" rel=3D"noopener"><span =
style=3D"word-break:break-word;position:relative;" =
data-position=3D"10-1-0" data-qa=3D"tinyeditor-root-element"><em>Rush =
Hour</em> Revival Mysteries</span></a></h2>
</td></tr></tbody></table>
<table class=3D"c4 oq" width=3D"100%" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-break:break-word;=
"><tbody><tr><td class=3D"r5"><div =
style=3D"color:#000;direction:ltr;font-family:&#39;Inter&#39;,&#39;Arial&=
#39;;font-size:14px;font-weight:700;letter-spacing:0px;line-height:1.2;te=
xt-align:left;mso-line-height-alt:17px;"><p style=3D"margin:0;">KIM =
MASTERS</p></div>
</td></tr></tbody></table>
</td></tr></tbody></table>
</td></tr></tbody></table>
<table class=3D"t" align=3D"center" width=3D"100%" border=3D"0" =
cellpadding=3D"0" cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbody><tr><td>
<table class=3D"c ie" align=3D"center" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;background-color:#ffff=
ff;border-radius:0;color:#000000;width:600px;margin:0 auto;" =
width=3D"600"><tbody><tr><td class=3D"yq o" =
width=3D"41.666666666666664%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-a=
lign:left;padding-bottom:16px;padding-left:24px;padding-right:16px;paddin=
g-top:16px;vertical-align:top;">
<table class=3D"j np" width=3D"100%" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbody><tr><td =
class=3D"r5" =
style=3D"width:100%;padding-right:0px;padding-left:0px;"><div =
class=3D"r" align=3D"center"><div class=3D"f" =
style=3D"max-width:210px;"><img =
src=3D"https://userimg-assets.customeriomail.com/images/client-env-107382=
/1764747797769_south%20coast%20plaza_01KBHJMS9G598YWFBCG8943M5C.jpg" =
style=3D"display:block;height:auto;border:0;width:100%;" width=3D"210" =
alt=3D"SoCal=E2=80=99s $2.6B Mall" title=3D"SoCal=E2=80=99s $2.6B Mall" =
height=3D"auto"/></div></div>
</td></tr></tbody></table>
</td><td class=3D"yq pd" width=3D"58.333333333333336%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-a=
lign:left;padding-bottom:32px;padding-right:24px;padding-top:16px;vertica=
l-align:top;">
<table class=3D"gq np" width=3D"100%" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbody><tr><td =
class=3D"r5" =
style=3D"padding-bottom:8px;text-align:center;width:100%;"><h2 =
style=3D"margin:0;color:#000;direction:ltr;font-family:&#39;PuckSerifDisp=
lay&#39;,&#39;Georgia&#39;;font-size:32px;font-weight:400;letter-spacing:=
normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;mso-l=
ine-height-alt:38px;"><span style=3D"word-break:break-word;"><a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdhNWxmX1A2YnRTaS1Ec2tvRlVmcz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvaW=
5zaWRlLXNvdXRoLWNvYXN0LXBsYXphLWluLWNhbGlmb3JuaWFzLTItNi1iaWxsaW9uLXJldGF=
pbC1zdHJhdGVneS8_dXRtX2NhbXBhaWduPUlDK0V4Y2x1c2l2ZStXYWxsK1Bvd2VyKy0rTEVB=
RFMrJTI4MTIlMkYzJTJGMjUlMjlcdTAwMjZ1dG1fY29udGVudD1JQytFeGNsdXNpdmUrV2Fsb=
CtQb3dlcistK0xFQURTKyUyODEyJTJGMyUyRjI1JTI5XHUwMDI2dXRtX21lZGl1bT1lbWFpbF=
9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm09ZjZjNjA=
2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlu=
a19pZCI6MjQ1ODU5NH0/ee5a2dd0759bc79139860ffdb82d1ff4d56102978b4148f1cd948=
c592c0881e0" target=3D"_blank" =
style=3D"text-decoration:none;color:#d40000;" =
data-mce-attribute-name-1=3D"" data-mce-attribute-value-1=3D"" =
data-mce-attributes-count=3D"1" rel=3D"noopener">SoCal=E2=80=99s $2.6B =
Mall</a></span></h2>
</td></tr></tbody></table>
<table class=3D"c4 oq" width=3D"100%" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-break:break-word;=
"><tbody><tr><td class=3D"r5"><div =
style=3D"color:#000;direction:ltr;font-family:&#39;Inter&#39;,&#39;Arial&=
#39;;font-size:14px;font-weight:700;letter-spacing:0px;line-height:1.2;te=
xt-align:left;mso-line-height-alt:17px;"><p style=3D"margin:0;">SARAH =
SHAPIRO</p></div>
</td></tr></tbody></table>
</td></tr></tbody></table>
</td></tr></tbody></table>
<table class=3D"u" align=3D"center" width=3D"100%" border=3D"0" =
cellpadding=3D"0" cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbody><tr><td>
<table class=3D"c ie" align=3D"center" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;background-color:#ffff=
ff;border-radius:0;color:#000000;width:600px;margin:0 auto;" =
width=3D"600"><tbody><tr><td class=3D"yq o" =
width=3D"41.666666666666664%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-a=
lign:left;padding-bottom:16px;padding-left:24px;padding-right:16px;paddin=
g-top:16px;vertical-align:top;">
<table class=3D"j np" width=3D"100%" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbody><tr><td =
class=3D"r5" =
style=3D"width:100%;padding-right:0px;padding-left:0px;"><div =
class=3D"r" align=3D"center"><div class=3D"f" =
style=3D"max-width:210px;"><img =
src=3D"https://userimg-assets.customeriomail.com/images/client-env-107382=
/1764747797023_donalds%20trump_01KBHJMRJ5DCFJYPR7NRM452PX.jpg" =
style=3D"display:block;height:auto;border:0;width:100%;" width=3D"210" =
alt=3D"The =E2=80=9926 Endorsement Trap " title=3D"The =E2=80=9926 =
Endorsement Trap " height=3D"auto"/></div></div>
</td></tr></tbody></table>
</td><td class=3D"yq pd" width=3D"58.333333333333336%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-a=
lign:left;padding-bottom:32px;padding-right:24px;padding-top:16px;vertica=
l-align:top;">
<table class=3D"gq np" width=3D"100%" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbody><tr><td =
class=3D"r5" =
style=3D"padding-bottom:8px;text-align:center;width:100%;"><h2 =
style=3D"margin:0;color:#000000;direction:ltr;font-family:&#39;PuckSerifD=
isplay&#39;,&#39;Georgia&#39;;font-size:32px;font-weight:400;letter-spaci=
ng:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;ms=
o-line-height-alt:38px;"><a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdhNWxmX1A2YnRTaS1Ec2tvRlVmcz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvY2=
91bGQtYS10cnVtcC1lbmRvcnNlbWVudC1iZS1hLW1pZHRlcm0tYWxiYXRyb3NzLz91dG1fY2F=
tcGFpZ249SUMrRXhjbHVzaXZlK1dhbGwrUG93ZXIrLStMRUFEUyslMjgxMiUyRjMlMkYyNSUy=
OVx1MDAyNnV0bV9jb250ZW50PUlDK0V4Y2x1c2l2ZStXYWxsK1Bvd2VyKy0rTEVBRFMrJTI4M=
TIlMkYzJTJGMjUlMjlcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsX2FjdGlvblx1MDAyNnV0bV9zb3=
VyY2U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIsIml=
udGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjoyNDU4Nzc3fQ/319f4=
c2939994d47e7fecdc5aed709be48504e620a02b6770f97ce04a55bf82a" =
target=3D"_blank" style=3D"text-decoration:none;color:#d40000;" =
data-mce-attribute-name-1=3D"" data-mce-attribute-value-1=3D"" =
data-mce-attributes-count=3D"1" rel=3D"noopener">The =E2=80=9926 =
Endorsement Trap=C2=A0</a></h2>
</td></tr></tbody></table>
<table class=3D"c4 oq" width=3D"100%" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-break:break-word;=
"><tbody><tr><td class=3D"r5"><div =
style=3D"color:#000;direction:ltr;font-family:&#39;Inter&#39;,&#39;Arial&=
#39;;font-size:14px;font-weight:700;letter-spacing:0px;line-height:1.2;te=
xt-align:left;mso-line-height-alt:17px;"><p style=3D"margin:0;">PETER =
HAMBY</p></div>
</td></tr></tbody></table>
</td></tr></tbody></table>
</td></tr></tbody></table>
<table align=3D"center" width=3D"100%" border=3D"0" cellpadding=3D"0" =
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style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;background-color:#ffff=
ff;border-radius:0;color:#000000;width:600px;margin:0 auto;" =
width=3D"600"><tbody><tr><td class=3D"yq o" width=3D"100%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-a=
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g-top:32px;vertical-align:top;">
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style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbody><tr><td =
class=3D"r5" style=3D"width:100%;"><div class=3D"r" =
align=3D"center"><div style=3D"max-width:552px;"><a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
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