Bernardo Bellotto s View of Verona with the Ponte delle Navi Courtesy of Christie s
Tonight s evening auction at Christie s in London has probably renewed some faith in the Old Master paintings market after a fairly dire sale at Sotheby s last night.
Christie s sale was a more valuable and altogether better quality. Estimated to make between £36.7m and £56.1m (revised down from
£40.4m and £62.1m, after three lots were withdrawn before the auction) the sale totalled £37.3m (£45m with fees) from 59 lots four of which were guaranteed by third parties. The sell through rate was 78% by lot, and according to the analysts ArtTactic, the average hammer price was £811,457.
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