Sotheby’s Evening Sale of Old Master & British Paintings Realises $37,054,556

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LONDON.- The undoubted highlight of tonight’s Evening Sale of Old Master & British Paintings at Sotheby’s in London was George Stubbs’s Brood Mares and Foals, one of the British master’s most ambitious and successful works and arguably his finest painting ever to come to the market. The painting, which made its first ever appearance on the open market tonight, sold for £10,121,250 / $15,906,556 / €12,096,885, a price which represents a new auction record for a work by the British master, by a wide margin. (The previous auction record for a work by George Stubbs was £3,191,500 / $5,079,579 and this was set by his Portrait of The Royal Tiger, which sold in June 1995). Brood Mares and Foals was the top-selling lot in a lively sale which brought an overall total of £23,577,600 /$37,054,556 / €28,179,870 (the pre-sale total estimate was £20,360,000-30,030,000) and which achieved sell through rates of 73% b