3.29 AM Wednesday, 24 April 2024
  • City Fajr Shuruq Duhr Asr Magrib Isha
  • Dubai 04:27 05:45 12:20 15:47 18:49 20:07
24 April 2024

Sotheby's raises record sum at Amsterdam auction

Published
By Staff Writer

 An auction at Sotheby's of more than 160 works of post-war and contemporary art from the Peter Stuyvesant Collection exceeded all expectations on Monday, raising a record €13.6 million (Dh68.06m).

The works on offer in Amsterdam were the property of British American Tobacco The Netherlands and formed the largest collection of such art ever to come to auction in the country.

Sotheby's had expected to raise between €4.4m and €6.3m.

 

Keep up with the latest business news from the region with the Emirates Business 24|7 daily newsletter. To subscribe to the newsletter, please click here.