LACMA has been selling Old Masters for the last year or two. They did it again today at Sotheby’s with 17 more paintings. Carol Vogel did a little math on the works by
Ferdinand Bol, Martino di Bartolomeo and Alonso de Escobar:
The group made $3.8 million, above its $1.7 million high estimate. (The estimate does not include Sotheby’s fees.) The top seller was the 16th-century “Portrait of Hans Jakob Fugger, Three-Quarter Length, Before a Green Drape,” by the German master Christoph Amberger. It was bought by a telephone bidder for $1.2 million, including fees to the auction house. The price was four times its high $300,000 estimate.
Inside Art: Old Masters Auctioned (New York Times)