• Christie’s Old Masters Sale in London Totals $48.7 M. as Collectors Chase Standout Pictures

    Christie’s Old Masters Sale in London Totals $48.7 M. as Collectors Chase Standout Pictures
    Since Gustav Klimt’s Portrait of Elisabeth Lederer sold for $236.4 million last November, clinching the title of second most expensive artwork to sell at auction, the secondary market’s mantra can best be summed up as “collectors will open their hearts and their wallets for exceptional work.”On Tuesday, Christie’s put that dictum to the test with its Old Masters Evening Sale in London, a 40-lot offering that landed comfortably within its pre-sale estimate

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