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Lucas Cranach the Elder
Portrait of a Bearded Young Man
(est. $600,000-$800,000)
Sotheby’s New York
Jan. 29, 2009
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muscular old masters
by Paul Jeromack

Despite the gloom settling across the global economy, the Old Masters market seems to be steadily thriving -- minus the recklessly exuberant prices of recent years -- at least judging by the sale of Old Master paintings at Sotheby’s in New York on Jan. 29, 2009.