In Connemara by Paul Henry made £109,250 at Christie's in London last night on behalf of NAMA.
IRELAND’S bad bank is a little bit better off today thanks to the sale of some Irish art, but it won’t make much of a dent in the bill for billions in unpaid mortgage loans leftover from the country’s housing crises.
At Christie’s in London on November 17 art being sold by the bank to make inroads into the debts of one developer made £1,120,750. In New York on November 11 two paintings from the same developer Derek Quinlan, including a Warhol, brought in $857,000.
FOR a full list of paintings sold see post on antiquesandartireland.com for September 19.