February 2009
A Degas sculpture last night fetched a record 13.3 million pounds (US$19.2 million), while other high- value works were rejected, at the first international auction- house test of the art market in 2009.
A bronze version of Degas’s best-known “Little Dancer” statue was sold by U.K. collector and philanthropist John Madejski for 8 million pounds more than he paid for it five years ago.
The record auction price for a Degas statue made it the top lot in Sotheby's London sale of Impressionist and modern art.
Seventy-six percent of the 29 lots found buyers. Four works estimated to fetch at least 2 million pounds didn’t sell.
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