Michelangelo Drawing Fails To Sell

by Deidre Woollard (RSS feed)
Jan 25th 2006 at 7:35PM

A few days ago we mentioned that a drawing of a torso by Michelangelo might fetch $4 million at auction. Alas, no one was willing to pay quite that much for the drawing which hit the block Tuesday at Christie's. Newsday reports that auction stalled out at $3.2 million. Impressive, but not enough to meet the confidential reserve price and so the sketch wasn't sold. The entire auction brought in $2,409,740 with the highest price, $318,400 for a Rembrandt watercolor.

Tags: art, auction results, christie's, drawing, michelangelo