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Sotheby’s Impressionist & Modern Art auction generates massive offshore interest

The sale of Impressionist & Modern Art at Sotheby’s in London last night brought in £112,101,350 (US$165,282,230). The sale saw three works sell for more than £10m, only the second time this has been seen in London auction history: Edouard Manet’s masterpiece Self Portrait with a Palette sold for £22,441,250, setting a new auction record for the artist; André Derain’s…

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