The Old Masters Evening Sale in London on Wednesday evening realised a total of £52,514,750 and achieved the highest-ever sell-through-rate for any Old Masters sale held at New Bond Street. The total saw a substantial increase on both London sales last year and with 85.3% sold by lot, it was the second consecutive sale of its kind to achieve a sell-through rate of over 80%. The undoubted star was J.M.W Turner’s Ehrenbreitstein, which realised £18,533,750, the highest price paid for an Old Master Painting at Sotheby’s in London since the sale of the artist’s Rome, From Mount Aventine for a record £30,322,500 in 2014.
This summer's evening sale of Old Masters promises to be one of the most exciting of recent years. Led by Turner's magisterial Ehrenbreitstein, one of his finest oil paintings and one of only a handful of major works left in private hands, the sale will also include pictures by important Renaissance and Baroque artists.
Notice All Irrevocable Bids entered into after the printing of the catalogue will be updated to the e-catalogue approximately 48 hours before the auction. From that point until the sale, additional Irrevocable Bids will be updated in the e-catalogue as they are finalized.