April 13th Photographs Sale at Sotheby's Results
The April 13 Photographs sale at Sotheby's New York raised $5,081,265 (£3,304,673) beating the high estimate. The highlight of the sale was Edward Weston’s Nautilus from 1927 which sold for $1,082,500, well above the estimate of $300/500,000, the Photograph was printed in 1927, the year it was taken, and has been in the same family collection for the past 80 years.
Denise Bethel, Head of Sotheby’s Photographs Department said: “We are thrilled with the stellar results of today’s sale, which show that the market for photography is strong across all categories, from the 19th century to the 21st. The prices we achieved for Edward Weston’s Nautilus, at $1.08 million, and the Moholy-Nagy Photogram, at $290,500, show the resiliency of the photographs market for the very best material. The outstanding price for the Nautilus makes Sotheby’s the only auction house to have sold six classic photographs for over $1 million each. We now look forward to our coming sale of Photographs from the Polaroid Collection in June.”
