Thursday, September 9th, 2010

Roman Imperial Marble Torso of an Emperor Sells for $7.4 million at Sotheby’s

June 13, 2010 by All Art News  
Filed under Art Market

NEW YORK, NY.- In a packed salesroom at Sotheby’s this afternoon, a Marble Torso of an Emperor (probably Augustus, Tiberius or Claudius), Roman Imperial, Julio Claudian, 1st Half of the 1st Century A.D., surpassed all expectations, selling for a remarkable $7,362,500, more than six times the high estimate of $1.2 million. At least seven bidders in the room and on numerous telephones pursued the stunning piece, which was from an Austrian family collection. The salesroom erupted in applause when an anonymous bidder, participating over the telephone, cast the winning bid.

The Marble Torso of an Emperor was included in a sale of Antiquities which totaled $17,479,940 (est. $3.2/4.8 million), the highest total for a sale in this category at Sotheby’s since December 2007. Of the lots that sold in today’s sale, nearly 90% achieved prices at or above their estimates.

Marble Group of Three Satyrs Fighting a Serpent is the only Ancient Sculpture Confirmed to Have Been in ‘il Magnifico’s’ Collection 580x388 Roman Imperial Marble Torso of an Emperor Sells for $7.4 million at Sothebys

Marble Group of Three Satyrs Fighting a Serpent is the only Ancient Sculpture Confirmed to Have Been in ‘il Magnifico’s’ Collection. sold to an anonymous private buyer for $3,442,500, more than six times the high estimate of $500,000. Photo: Sotheby's

The same Austrian family collection that consigned the aforementioned torso had also consigned Three Satyrs Fighting a Serpent, Roman Imperial, circa 1st century A.D., a rediscovered antiquity from the collection of one of the greatest arts patrons of all time – Lorenzo de’ Medici. As the only ancient sculpture confirmed to have been in ‘il Magnifico’s’ collection, competition was also fierce for the ancient treasure, which finally sold to an anonymous private buyer for $3,442,500, more than six times the high estimate of $500,000. The cover lot of the auction, a Marble Bust of the Athena Giustiniani, Roman Imperial, circa 2nd Century A.D. was also among the highlights of the day, selling for $4,114,500, surpassing a pre-sale estimate of $600/900,000.

Related posts:

  1. Lee Man Fong’s Bali Life Sells for US$3.24 Million at Sotheby’s
  2. Rare Roman Marble Relief Leads Christie’s Auction of Antiquities
  3. Sotheby’s Sale of The Collection of Patricia Kluge Held On-Site in Charlottesville, Virginia Totals $15.2 Million
  4. Sotheby’s Week of Russian Art Sales Totals $31.9 Million
  5. Once in a Lifetime Jade Collection Sells for 2.3 Million Pounds at Bonhams

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