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Gustav Klimt
Litzlberg am Attersee
ca. 1914-15
$40,402,500
Sotheby’s New York
Nov. 3, 2011
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Art Market Watch

SOTHEBY’S IMP & MOD DOES A TRIUMPHANT $199.8 MIL


Nov. 3, 2011

Sotheby’s New York evening sale of Impressionist and modern art on Nov. 2, 2011, totaled $199.8 million, with 57 of the 70 lots selling, or more than 81 percent.

“The art market is alive and kicking,” said Sotheby’s expert Simon Shaw with visible relief. The giddy mood -- it was a long sale -- extended to stentorian auctioneer Tobias Meyer, who said he could “feel the market rallying.”

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