Sotheby’s Asia Week Sales in New York Total $27,649,251

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NEW YORK, NY.- The Asia week series of auctions at Sotheby’s New York concluded today with the South Asian Art sale which made $7,547,250 to bring the overall total for the week to $27,649,251 well within the $ 21.9/31.2 million estimate. The sales stated on Tuesday with the Joe Grimberg Collection of Chinese Snuff Bottles which brought $4,931,626 and was 83% sold by lot. The Fine Chinese Ceramics and Works of Art sale the following day fetched $15,170,375 and South Asian Art today totaled $7,547,250 and was $72% sold by lot. Zara Porter Hill, International Head of Indian Art at Sotheby’s said: “The vibrancy of the Indian art market returned to Sotheby’s in this sale. Paintings from the 18th century to the latest contemporary art achieved exceptional prices with a number of artist records being set. The result far exceeded the low estimate and was a validation of our strategy. This focuses on carefully curat