Sotheby’s New York – Historic Contemporary Art Sale Achieves $315.8 Million

November 13th, 2011 by

Sotheby’s the Contemporary Art Evening Sale brought an outstanding
total of $315,837,000, well above the $192/270.8 million pre-sale estimate and nearly 85% sold-by-lot. The total is the
highest for a Contemporary Art Evening sale at Sotheby’s since May 2008 and the Company’s third highest ever,
virtually matching the $315,907,000 set at Sotheby’s in November 2007.