Works by Pierre Soulages Bring the Two Highest Prices at Sotheby’s in Paris

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PARIS.- Sotheby’s biannual Evening Sale of Contemporary Art in Paris realized the remarkable total of €8,051,100 (£7,302,584 / $11,947,027), far surpassing pre-sale expectations of €4,680,000-6,440,000* ($6,938,240-9,547,493 / £4,192,797-5,769,575). The auction saw all but one lot sell, achieving the joint-highest sell-through rate of 96.3% for a Sotheby’s Paris Evening Sale of Contemporary Art, and established a sold-by-value rate of 98.1% – the second-highest for an Evening Sale of Contemporary Art at Sotheby’s Paris.