The auction of American Art at Sotheby’s New York totaled 38.3 million, approaching its high estimate of $39.7 million and with a strong sell-through rate of 85.4% by lot. Nearly 60% of all sold lots in the sale exceeded their pre-sale high estimates.
Elizabeth Goldberg, Head of Sotheby’s American Art Department, commented: “Our sale today confirmed the vigor and interest in the American Art field that we have been experiencing in recent years. We strive to offer the highest-quality examples we can find, across a broad range of property and price points.
