Sotheby’s Old Master blows up the market with a $101 million sale
–19 artist records set.
What’s going on the Old Master market? Sotheby’s July sale surpassed estimates with 58% of the lots selling above the high estimates. The sale was 76.7% sold by lot. The value of the sale was 49% higher than July 2007. 13 lots sold for more than 1 million Pounds. In both 2007 sales, there were only 9 lots over 1 million pounds.