Revealed: the silent consignors to the $506 million London auctions, from an Israeli real estate tycoon to one of Mexico’s richest men:
by Rene Magritte, estimate: £2,500,000-3,500,000 during a photo call for the upcoming 20th/21st Century Evening Sale and The Art of the Surreal Evening Sale in London, United Kingdom on February 21, 2023. Photo credit should read Wiktor Szymanowicz/Future Publishing via Getty Images.
Presale estimates for the London series of Modern and Contemporary art sales at Christie’s, Sotheby’s and Phillips this February and March are down 26 percent from last year. Whether that is part of a negative Brexit effect or just a sign of the times generally is hard to pin-point.
, estimated at £2 million – £3 million , was bought by the couple at Christie’s in 2013 for a record £2.1 million . Proceeds from the sale will go to the couple’s philanthropic foundation for the education of children, says Norris.
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