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SUCCESS FOR SOTHEBY'S SALE "MADE IN BRITAIN"
07 April 2017
Category : MARKET

Held on April 5, 2017, Sotheby's Made in Britain sale in London went well beyond  pre-sale expectations to realize a total of £ 2,605,752 with 90% of lots sold and 74% exceeding their high-estimates. 


The auction was marked by a record for pioneer of ‘light art' Chris Levine with his strikingly modern portrait of Queen Elizabeth II tripling its low pre-sale estimate to sell for £187,500 .Works by L.S. Lowry, Henry Moore, Elisabeth Frink and Barbara Hepworth achieved strong results while a number of prints by David Hockney sold for a combined £156,500.

Meanwhile, an Athlete Wrestling a Python dated 1877 by Frederic, Lord Leighton, sold at Bonhams for £106,250 against an estimate of £50,000-80,000 during a sale which totaled  £1,443,750 while a conical porcelain bowl by Dame Lucie Rie fetched an impressive £106,250 against an estimate of £20,000-30,000.

A pair of George III carved mahogany open armchairs sold for 6 times their estimate, for a total of £60,000 against an estimate of £8,000-12,000 and a hand-built burnished and carbonized terracotta vessel by Magdalene Odundo went for 4 times its estimate of £10,000-15,000 to achieve a world record of £42,500. 

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