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  • Botticelli Portrait Goes for $92 M., Becoming Second-Most Expensive Old Masters Work Ever Auctioned

    01/29/2021 3:34:02 PM PST · by nickcarraway · 36 replies
    ARTnews ^ | January 28, 2021 | Colin Gleadell
    Thursday’s long-awaited Old Masters sale at Sotheby’s New York had been billed as potentially being the biggest sale of its kind ever with a pre-sale estimate, not including buyers’ premium, of $121.9 million–$142.8 million. But after three lots were withdrawn, including a highly rated $20 million–$30 million Rembrandt from the collection of Metropolitan Museum of Art trustee Mark Fisch, that estimate was reduced to $100 million–$110 million. Nonetheless, the sale continued Sotheby’s New York winter Old Master sales steady upward trajectory, arguably at the expense of the London equivalents. Since 2017, totals from these sales have risen from $35.8 million...