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  • Posts Tagged ‘J.M.W. TURNER’

    TURNER’S EHRENBREITSTEIN SELLS FOR £18.5 MILLION

    Thursday, July 6th, 2017

    J.M.W. Turner – Ehrenbreitstein

    J.M.W Turner’s – Ehrenbreitstein made £18,533,750 at Sotheby’s sale of Old Master Paintings in London last night.  This is the highest price paid for an Old Master at Sotheby’s London since the sale of the artist’s Rome, From Mount Aventine for a record £30,322,500 in 2014.   Last night’s evening sale  realised a total of £52,514,750, a substantial increase on both London sales last year (July 2016: £16.5 million / December 2016: £14.8 million).

    One of the largest sales of its kind, comprising nearly 70 lots, the auction was 85.3% sold by lot, the highest-ever sell-through-rate for any Old Masters sale held at Sotheby’s in London, and the second consecutive sale of its kind  to achieve a sell-through rate of over 80%. Ten works on paper by the artist (among them an early watercolour of Ehrenbreitstein) were sold for a combined £1.3m, which together with Ehrenbreitstein brings the total for works by Turner sold  to £19.8 million.

    (See post on antiquesandartireland.com for April 4, 2017)