FLORENCE.- The opening session of the four-day Romano sale series, featuring 291 lots of Sculpture and Works of Art, ran to over 5 hours, with multiple bids extending the sale proceedings. The total raised was €4,704,700 ($6,941,785), comfortably within the pre-sale estimate of €3,741,550 – 5,589,970 for this first session, with significant activity from Italian buyers. The sale room, located on the long terrace running the length of Palazzo Magnani Feroni and overlooking the Palazzo gardens, was filled to capacity. This first sale session was 73% sold by lot and by value, and saw 62% of lots achieving prices above their pre-sale estimates. Filippo Lotti, Managing Director, Sotheby’s Italy and auctioneer
By artdaily.org