Important Old Master Paintings and Sculpture Sale at Sotheby’s Brings $61.6 Million

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NEW YORK, NY.- Sotheby’s 2010 Old Masters Week totaled $74,181,071 (£45,992,356, €53,148,582), nearly topping the presale series estimate of $52.5/75.5 million. Included in the offerings were Important Old Master Paintings Including Sculpture, Important European Terracotta and Bronze Sculpture from the Arthur M. Sackler Collection, Old Master Drawings and Old Master & 19th Century European Art. The week was led by the spectacular results for Thursday’s sale of Important Old Master Paintings and Sculpture, which brought $61,599,250 (£37,911,897) (¤44,000,407), nearly reaching the high estimate of $63 million. Twelve lots sold for more than $1 million, and almost 60% of the works sold brought prices above the high estimate.