NEW YORK, NY.- Sotheby’s auction, on January 27, 2011, of Important Old Master Paintings & Sculpture in New York will feature significant works by artists from across Europe. The morning session of Important Old Master Paintings is led by Titian’s monumental Sacra Conversazione, a rare work by the artist still in private hands (est. $15/20 million*). The afternoon session of Old Master Paintings and Sculpture is led by An Italian Marble Relief Portrait of Cosimo I de ‘Medici by Baccio Bandinelli, executed just prior to the future Grand Duke’s rise to power in 1537. The sale will be on exhibition in Sotheby’s York Avenue galleries beginning 22 January, alongside the full calendar of Old Masters Week auctions. The morning session of Important Old Master Paintings is led by A Sacra Conversazione: The Madonna and Child with Saints Luke