Auction Atrium

'Unprecedented bidding' sees Sotheby's record broken

09/03/2010
A Sotheby's auction has broken the record for the largest sum of money taken for a fine art sale in the Netherlands.

The auctioning of more than 160 works of post-war and contemporary art from the Peter Stuyvesant Collection made 13.6 million euros, far exceeding the 6.3 million euros organisers had anticipated.

Deputy director of Sotheby's Amsterdam Bert-Jan Van Egteren said the activity seen at the auction was a rarity for that particular venue, particularly the range of international interest displayed.

He told Reuters: "We witnessed a truly remarkable depth of bidding from Europe, North and South America and Asia, almost unprecedented in a Sotheby's Amsterdam auction."

The highest-priced piece was Martin Kippenberger's Dinosaurierei, which was completed in 1996, a year before the artist's death. The piece went for 1.1 million euros.

The collection was the largest of its kind to ever be put up for sale in the Netherlands.
ADNFCR-3014-ID-19658971-ADNFCR

Related Articles
  • Russian art auction house enjoying great success
  • Tony Hart exhibition auction raises money for charity
  • Sotheby's posts higher-than-expected Q4 profits
  • Painting authenticated as van Gogh
  • 210-year-old painting of Admiral Lord Nelson up for auction