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AO Auction Recap – New York: Sotheby’s Impressionist and Modern Evening Sale, May 5th, 2015

Wednesday, May 6th, 2015

Claude Monet, Nymphéas (1905), via Art Observed
Claude Monet, Nymphéas (1905), via Art Observed

The first night of the bustling spring auction week is underway, as Sotheby’s concluded a somewhat unsteady sale last night of Impressionist and Modernist masterpieces that achieved a final of $368,344,000, well over the auction house estimate of $270,000,000.  The final tally saw 14 of the 64 lots go unsold over the course of the evening, which will be the last major Impressionist and Modern sale of the first half of the year on U.S. soil. (more…)