Art News

Freeman’s Auctioneers to Sell Remainder Of Lehman Brothers Art Collection

PHILADELPHIA, PA.- On February 12th, Freeman’s Auctioneers will offer for sale at auction 374 lots of contemporary artworks of the former global financial services firm, Lehman Brothers Holdings Inc. (LBHI). The artworks are from the offices of the former global financial services firm and the sale represents the remainder of the Lehman property to be sold by the Philadelphia auctioneer. This follows the successful sales of paintings and works on paper on November 1, 2009 in the ‘Modern & Contemporary Art’ auction, and a group of more traditional pictures selling at Freeman’s December 6th ‘Fine American & European Paintings & Sculpture’ auction. The auctions generated sales of $1.6 million, with most hammer prices exceeding estimates. “We are delighted with the results that Freeman’s have