Withdrawn Sotheby's Rembrandt Finds Private Buyer
February 6 2021
Picture: Sotheby's
Posted by Adam Busiakiewicz:
Several reports have been published explaining that Sotheby's Rembrandt of Abraham and the Angels has found a private buyer. The picture was withdrawn from the New York Old Masters sale but has since found a buyer within its original $20m - $30m dollar estimate.
It's quite possible that the auction house couldn't find enough interested parties before the live auction. There's nothing more deflating than a high value picture being bought in. However, this good news does help alleviate any worries in the top end of the old masters market.
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