Essl Collection Sale Nets £46.9 Million

October 18th, 2014

Christie’s auction of works from the Essl Collection launched Frieze week last night in London, with the 44-lot sale attracting £46.9 million in sales, within the estimate for the evening.  The exhibition cover lot, Gerhard Richter’s Netz, failed to sell at auction, but ultimately sold privately after the auction for £5.5 million.  “Through the proceeds of this sale, the long-term future of the Essl Museum is now secured,” Karlheinz Essl said in a statement.Read more at Bloomberg