Sotheby's Results
May 8 2020
Picture: Sotheby's
Posted by Adam Busiakiewicz:
Yesterday's mid-season old masters sale at Sotheby's brought in a very respectable £3.37m (including fees), with 86% of lots sold. This is further encouraging proof that the market for old masters is still going strong despite these strange times. It is also a sign that buyers have confidence in bidding online, something that has not always been taken for granted.
There were several lots that sold particularly well. The most impressive result was Bernado Zenale's Saint John the Baptist, standing in a landscape (pictured) which brought it £225,000 over an estimate of £20,000 - £30,000. The majority of the Earl of Clarendon's set of full length portraits sold above their upper estimates too. This shows that copies of fine pictures can still command respectable prices.
