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Sotheby's Australia = $5.95m

May 18, 2011 by Marion Maneker

Australia’s auction season opened with Sotheby’s sale in Melbourne.

The 97-lot sale in Melbourne was standing-room only for the first hour and 71 per cent of works sold at a total of $4.95 million, $5.95m including premium — a result that pleased Sotheby’s new chairman, Geoffrey Smith.

“It was a good sale,” he said.

Most buyers appeared to be private collectors. High-profile art dealer Denis Savill attended, but for the first time in many years did not make a bid.

“It’s my protest against the resale royalty,” Mr Savill said.

Sotheby’s Art Buyers Chase the Rare and New (The Australian)

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Filed Under: Auction Results Tagged With: Australia

About Marion Maneker

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