“I’ve seen so many paintings of Chinese paintings through the ages and decorations on porcelain ... to see that suddenly in real life was really quite a transformation.”
Paintings by El Greco and Pompeo Girolamo Batoni will lead sales of old master works in a slew of high-profile sales at major auctions houses in New York in late January.
Several good-quality Italian Renaissance works led the Sotheby’s sales, each achieving over $4 million, and a number of quality works brought in well over their estimates, boosting the total results.
In less than two hours on Monday, Feb. 23, during the first evening of the three auction sessions on Yves Saint Laurent—Pierre Berge’s art collection, a new record has been set for future art auctions.
Citigroup Inc., the largest U.S. bank by assets, said that federal regulators and the Securities and Exchange Commission (SEC) have subpoenaed information from the bank regarding sales of auction rate securities.