The BAT Artventure Collection Part Two Realises $ 4,198,489 at Sotheby’s in Amsterdam

AMSTERDAM.- The sale of the world-renowned BAT ArtVenture Collection, formerly known as The Peter Stuyvesant Collection, Part Two, realised a total of €2,941,725 / £2,582,732/ $4,198,489, a figure well above the pre-sale expectations of €1 million. Presale interest had been huge and more than 500 clients had registered to bid in tonight’s sale – either in person, by phone, online or by leaving absentee bids — and the sale established sell-through rates of 95.4% by lot and 98.7% by value, set 43 new artist records and 25 benchmarks for artists new to auction. These notable results further build on the outstanding successes established by Sotheby’s Amsterdam with the sale of the first part of the collection on 8 March 2010. The toplot was Patrick Heron’s , Violet, Orange and Reds with Green Disc: March 1972-March 1974. No fewer than 14 bidders, both on the telephone as in the room, competed for t

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