The auction brought a total of £3,040,296 ($4,855,657), above the pre-sale estimate (£1.88 – 2.89 million).
A noteworthy success of the sale was the late 16th/early 17th-century Italian bronze Bust of a Scholar, which sold for over double its pre-sale high estimate at £134,500 ($214,810).
Alexander Kader, Head of Sotheby’s European Sculpture & Works of Art Department, said: “The sale of works selected by Danny Katz was greeted by collectors from around the world with an enthusiasm befitting the London dealer whose name has become synonymous with sublime artworks. We saw participation from 31 countries and with sell-through rates by lot and by value above 90 per cent, the auction ran to five hours. Bidders competed for paintings, drawings, sculptures and objects from the medieval period through to the twentieth century, each and every piece a testament to Danny's exceptional eye and knowledge. His unerring sense of what makes something special, honed over a forty-five year career, made this collection very desirable, pushing the sale total to an above estimate £3 million.”
Continuing its tradition of bringing rare and extraordinary property to market, Sotheby’s is delighted to present an auction that celebrates the 45-year career of esteemed dealer Danny Katz. The sale will offer works from Katz’s magnificent Bond Street gallery as he undertakes a move to his new premises on Hill Street, off Berkeley Square. With estimates ranging from £100 to £120,000, Sotheby’s auction will take place in London on 12 November 2013 and present 285 lots spanning many different collecting disciplines. The sale is expected to bring in more than £2 million and all lots estimated at £5,000 or below will be sold without reserve, creating exciting opportunities for collectors.
Katz first became interested in works of art at the age of eighteen and educated himself in London’s salerooms and institutions, particularly at Sotheby’s and at the Victoria & Albert Museum. Success came early and he went on to sell to prestigious museums around the world.
The sale will be organised around four themes: portraiture; the corporeal form; nature and design, which will comprise works of art as diverse as 15th-century alabaster reliefs, Renaissance bronzes, Old Master paintings and drawings, 16th-century maiolica, 18th-century paintings of Mount Vesuvius and 20th-century British masters; together with a selection of silver and furniture.