Sotheby’s October Evening Sales of 20th Century Italian Art and Contemporary Art Total $48.8 Million

LONDON.- This evening, Sotheby’s Sales of 20th Century Italian Art and Contemporary Art, brought a combined total of £30.4 million/$48.8 million (Est. £22.3-30.5 million*) – substantially more than in the equivalent sales last year (£20 million). Commenting on the 20th Century Italian Art Sale results, Claudia Dwek, Co Chairman Sotheby’s Italy, said: “We are delighted with the results of this evening’s sale. The auction achieved the above-estimate sum of £17 million representing the highest ever total for a sale in this field staged by Sotheby’s. While the majority of lots were acquired by Italian collectors, the sale saw activity from clients across the globe, including from the Far East. These strong results and healthy sell-through rates testify to Sotheby’s leadership in this field.” Discussing today’s Contemporary Art Evening Sale, Alex Branczik, Director, Contemporary Art, Sotheby

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