NEWS

‘Grief in the Forest Cottage’ by Nikolaos Gyzis…

‘Grief in the Forest Cottage’ by Nikolaos Gyzis fetched the highest price (í171,650, or 273,458 euros) at Sotheby’s second sale of Greek art yesterday. The auctioneers said that there was ‘fierce bidding’ both in the room and by telephone, as 102 lots were sold for a total of 2,374,218 pounds (3,782,408 euros). Gyzis (1842-1901) sold the painting in Vienna in 1882. It was last owned by an Italian woman before a private Greek buyer bought it yesterday. The auction also set world records for prices reached at auction for works by Nikolaos Kounelakis, Georgios Bouzianis, Nikolaos Lytras, Theodoros Rallis and Spyros Papaloukas.