Statue Breaks World Record for Highest Sale of Ancient Egyptian Art

July 16th, 2014
Egyptian-Sculpture-Breaks-World-Record-at-Christies-London

via The Daily Star

A 30-inch statue representing the god Sekhemka broke the world record for highest auction price of an Egyptian artwork last Thursday at Christie’s London. The statue, sold by the Northampton Museum and Art Gallery, was estimated to sell for $7 to $11 million, but sold for over double its estimate, going to an anonymous bidder for $27 million. The museum has drawn criticism over the decision to sell the statue to fund a future expansion. “No other items from the museum’s collection will be sold off. “Sekhemka was an exceptional case,” said David Mackintosh of the Northampton Borough Council.

Read more at The New York Times