Pursuits
Raphael’s Apostle Sells for Record $47.8 Million at Sotheby’s
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A Raphael drawing sold last night at auction for $47.8 million, the highest price for any work on paper.
The black chalk “Head of a Young Apostle” by Raffaello Sanzio (1483-1520), called Raphael, went for about three times its hammer-price estimate of 10 million pounds ($16 million) to 15 million pounds at Sotheby’s, London. There was applause as it fetched 29.7 million pounds with fees after a 17-minute battle.