Sotheby’s Islamic Art Sales Series Achieves Record Sum of £25.3 ($40.3) Million

LONDON.- Sotheby’s Islamic Art Sales Series concluded this afternoon, realising an outstanding – above high estimate – total of £25,349,000 ($40,264,239) and a combined sell-through rate by lot of 64%. The total achieved represents a record sum for any Auction Series of Islamic Art ever staged. The exceptionally strong sum of £18,297,200 ($29,118,164) realised for today’s ‘Arts of the Islamic World Sale’, which was over £1 million above the high estimate for the sale, established the highest-ever total for a single sale staged in this collecting field. Today’s results follow the success of last night’s first-ever Evening Auction in the category – ‘A Princely Collection: Treasures from the Islamic World’ – which brought £7,051,800 ($11,146,075). Discussing the results of Sotheby’s Islamic Art Sales Series, Edward Gibbs, Senior Director and

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