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Auctioneers insisted a "flight to quality" would maintain the multi-million pound price tags of old masters, but were less confident that 20th-century works maintained their value.
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Fillets range from $22 to $44 a pound (prices in stores tend to be higher than mail order).
Shrimp can be bought fresh from the docks for around $3 to $4 a pound (prices vary).
Sainsbury's won't be cutting back on the overall number of promotions, but the retailer said it would make discounts easier to understand by using round pound prices and clearer signage with less emphasis on percentages or fractions.
Despite the luxuriant use of an item that can cost hundreds of dollars a pound, prices here are only moderately high, averaging $50 for three courses, tax, wine and tip.
But while Apple has gained a reputation for overcharging British customers on currency conversions in the past, these prices are more than fair conversions of the dollar price for the same product – since the dollar prices are excluding sales taxes, while the pound prices are including VAT.
Critics have described it as merely another Middle Eastern enclave for the wealthy and questioned how it can be replicated in other countries, given its multi-billion pound price-tag.
Unlike with the dollar or the pound, prices can vary considerably from exchange to exchange, sometimes by as much as $200.
After a temporary surge in May 1998, when prices reached an eleven-year-high of 81 US cents per pound, prices began to weaken in August and fell to 69 US cents per pound by December 1998 due to large supplies and continued weak demand worldwide.
There are about 3,000 such machines in use around the world, each with a multimillion-pound price tag.
At most Costcos, large tubs of Polly-O mozzarella easily outsell containers of buffalo mozzarella at nearly triple the per-pound price.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com