Marc Chagall, Noce et Musique (1939) which sold for £2.5 million

Last night at Sotheby’s marked the opening night of three straight weeks of art auctions in London. The evening achieved a few exceptional and even record breaking sales, yet it did not compare with the astonishing May auctions held previously this year in New York. Out of the 48 lots offered only 33 of them sold – a sell through rate of 69%. Still, Sotheby’s total sales for the night reached £75 million – above their low estimate of £73 million.

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‬Joan Miró’s “Peinture (Étoile Bleue)” to lead Sotheby’s London auction June 19, estimated to bring £15m-£20m. “[This is] one of Miró’s most important paintings, effortlessly bridging the transition between figurative and abstract art,” says Helena Newman of Sotheby’s Europe.

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