Bronze Laocoön Cast Sells for $18.1 Million at Sotheby's, Shattering Estimates
By
Min Chen Culture Editor
Summary
A life-sized bronze cast of the ancient sculpture Laocoön and His Sons sold for $18.1 million (£13.6 million) at Sotheby's London, far exceeding its presale estimate of £2-3 million. The single-lot auction set a record as the most valuable Neoclassical sculpture ever sold at auction, with four international collectors competing for the piece.
Source
Artnet NewsBronze Laocoön Cast Sells for $18.1 Million at Sotheby's, Shattering Estimatesartnet.comKey quotes
· 3 pulledA life-sized bronze cast of Laocoön and His Sons hit the block at Sotheby's London today, bringing in a stunning £13.6 million ($18.1 million) with buyer's premium.
The final price in the single-lot auction crushed its presale estimate of £2 million to £3 million ($2.6 million to $3.9 million), making it the most valuable Neoclassical sculpture ever to sell at auction.
Four collectors from around the world fought for the work.
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