Sotheby's - Old Master & 19th Century Paintings
April 10th, 2024 - London
Executive Summary
The Sotheby's auction of Old Master & 19th Century Paintings provided an intriguing snapshot into the current art market's valuation and collector interest. With 96 lots sold out of 151, the auction showcased a diverse range of artworks with varying degrees of demand. The total hammer price amounted to £620,600.00, against a total median estimate of £1,309,300.00, indicating a market that was more conservative in its valuations than the auction house's expectations. The sale was characterized by a strong showing for certain artists, while others failed to meet their pre-sale estimates, underscoring the selective nature of the market.