Italian Collectors Buying Art
20th Century Italian Art.
The Italian sale at Sotheby’s London today brought in £13,583,725 ($23,668,282) with 46 of the 52 lots (or 88.5%) sold.
Although the sale total is at the low end of the estimate, the strength of the Italian market in the midst of the uncertainty of the rest of the sales has to be a tonic. [sothebys]