Sotheby's completes £41m worth of antique painting sales
One auction house has seen a series of antique paintings receive new buyers.
Those on the lookout for antique paintings might have noted that Sotheby's recently completed £41 million of sales at its Contemporary Art Evening Auction.
Among the pieces sold was Yves Klein's RE 49, Relief Eponge Bleu, which achieved £6,201,250 under the hammer.
According to the organizers, it was created at the zenith of the artist's career and was brought to the event from the collection of HypoVereinsbank.
The kind of values reached might inspire collectors who are keen to make a profit when attending their next auction sale.
Cheyenne Westphal, Sotheby's chairman of Contemporary Art Europe, stated: "We assembled the auction with a focus on classic works from the 1950s and 1960s by blue-chip artists and carefully considered quality, provenance and pricing."
Meanwhile, those seeking antique paintings might have noted that the Andrew Lloyd Webber Foundation recently sold its Angel de Fernandez de Soto piece by Pablo Picasso for more than £34 million.
Posted by John Folwell