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Asian buyers account for a third of Sotheby's US$368m sales

They favour paintings by Vincent Van Gogh, Pablo Picasso and Claude Monet

Published Wed, May 6, 2015 · 09:50 PM
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New York

ASIAN collectors snapped up paintings by Vincent Van Gogh, Pablo Picasso and Claude Monet at a Sotheby's auction in New York that totalled US$368.3 million.

The tally on Tuesday was the second highest for an Impressionist and modern art auction at Sotheby's and a 67 per cent increase from a similar sale last May. The auctioneer also surpassed its high presale target of US$351 million despite failing to sell 14 of the 64 lots.

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