OLD MASTER: EXCELLENT INVESTMENT, NOT FOR EVERYONE’S POCKETS
July 15 2008
The two Old Master sessions in London have proved the good trend of the sector, confirming the positive results achieved by Christie’s in the last days. Sales almost totalled 51.5 million pounds and 76.7% of the lots were sold, 93% if we consider their value. The evening sale achieved the second highest profits ever for the sector, with a 42% increase compared to last year’s sales. It is also the second total takings of an Old Master auction ever to be realized in Europe. During the auction, nineteen new records were established and twenty lots were sold for more than a million dollars.
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