Lowry sells for £1.5million pounds at auction
Published November 16th, 2007
A painting by British artist LS Lowry has sold for nearly £1.5m at an auction in London.
Industrial Scene was bought by a private European bidder for £1.48m - the third highest price ever paid for a Lowry at auction, Christie’s said.
The 1951 oil painting had been expected to fetch up to £1.2m.
Three other Lowry paintings were sold at the 20th Century British Art sale totalling £830,000. The auction was part of Christie’s British Art Week.
“Today’s auction saw a noticeable increase in bidding from international clients, highlighting the increasing appeal of the category to buyers from around the world,” a Christie’s spokesperson said.
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