Sotheby’s Sales of Old Master & British Pictures Bring a Total of $94.5 Million

LONDON.- Sotheby’s summer sales series of Old Master & British pictures (paintings and drawings) concluded yesterday, having realised a total of £62,473,325 / $94,514,064 / €75,094,059 – a figure that is above pre-sale expectations (overall estimate was £42,134,000-61,512,000) and one that represents a 39% increase on the equivalent sales at Sotheby’s last July. The individual sales brought the following totals: • Old Master & British Paintings Evening Sale – £53,585,250 / $80,862,989 / €64,293,316 (estimated was £33,765,000-49,565,000) • Old Master & British Paintings Day Sale – £4,042,375 / $ 6,141,985 / €4,837,503 (estimate was £4,285,000-6,169,000) • Old Master & British Drawings – £3,044,775 / $4,621,968 / €3,670,472 (estimate was £2,680,000-

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