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Greatest estate sale of all time?

St_laurent_chairYves St Laurent died on June 1, 2008.  Last week, Christie’s conducted a three-day sale of his estate in Paris which included paintings, art objects, and furniture.

The sale brought in over $475 million which included $27.5 million for the chair pictured to the left.  So much for the bad economy —

See Godrey Barker, St Laurent’s Deco armchair sells for a record £19m, Evening Standard, FGeb. 26, 2009.

Special thanks to Joel Dobris (Professor of Law, UC Davis School of Law) for bringing this article to my attention.