Whom You Know: Sotheby's - Impressionist & Modern Art Brings Nearly $200 Million in New York

Thursday, November 3, 2011

Sotheby's - Impressionist & Modern Art Brings Nearly $200 Million in New York

Tonight at Sotheby’s New York, the Impressionist & Modern Art Evening Sale achieved a strong $199,804,500, well within the overall pre-sale estimate of $167.6/229.9 million and eclipsing the total for the same sale in May 2011. The auction was 81.4% sold by lot, and saw a total of 39 works sell for over $1 million.

Gustav Klimt’s Litzlberg am Attersee (Litzlberg on the Attersee) was the top lot of the sale, achieving $40,402,500 after a prolonged bidding battle (est. in excess of $25 million), and auction records were set for Gustave Caillebotte, Tamara de Lempicka and Maxime Maufra.´”I have rarely felt a room as energetic as tonight” said Tobias Meyer, auctioneer of the evening sale.
http://www.sothebys.com/en.html

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