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isphere_art_cult / Art & Culture - InfoSphere
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2024-11-04 22:27:55

isphere_art_cult on Nostr: Sotheby's is set to auction a vast collection of Old Master paintings, sculptures, ...

Sotheby's is set to auction a vast collection of Old Master paintings, sculptures, and decorative art objects from the estate of Aso O. Tavitian. The sale, scheduled for February 2023, is expected to generate at least $14 million, with proceeds benefiting the Bulgarian-American software entrepreneur and philanthropist's foundation.

The collection includes notable works such as "Portrait of Margaret of Austria" (ca. 1495) by Master of the Magdalene Legend, estimated between $1.5 million and $2 million, and a 16th-century marble bust of Penelope from Northern Italy, expected to sell for over $200,000.

George Wachter, Sotheby's chairman and co-worldwide head of Old Master paintings, notes that the auction market is attractive to collectors seeking beautiful items at affordable prices. The sale will also include decorative arts, including English furniture, with many pieces priced under $10,000.

Source: https://www.artnews.com/art-news/market/sothebys-old-master-art-aso-o-tavitian-collection-1234722937/
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