Dow Jones Newswires reveals the post-sale deals that bring the highly anticipated Meiyintang sale close to the low estimates:
But post-auction private purchases of two top lot items from the collection that didn’t sell during the bidding boosted that total by about $37 million, very close to the low end of estimates for the evening, said Sotheby’s spokeswoman Diana Phillips. A Falangcai vase sold for $25.6 million after the auction and a blue and white bowl sold for $11.5 million.
Subdued Bidding in High Profile Auction Weighs on Sotheby’s (Dow Jones Newswires)
