Jan 29, 2016
By Andy Johnson
Sotheby’s in New York is reporting record breaking sales from the annual Masters Week auctions.
Highlights include Gainsborough’s “The Blue Page”, a work that has long been connected to Gainsborough’s more famous painting “The Blue Boy” sold for $3.3 million.
Raphael’s “Profile Portrait of Valerio Belli” also sold for $3.3 million after a prolonged battle between two determined bidders.
The first sale was dedicated to Alfred Taubman’s collection of Old Master paintings and drawings.
The sale totaled $24.1 million exceeding the low estimate by $3 million and setting six auction records in the process.