Karl Lagerfeld auction achieved 4.2 million euros
Auctioned by Sotheby’s auction house
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Karl Lagerfeld auction in Cologne achieved 4.2 million euros
Cologne Together with the previous auctions in Monaco and Paris, the proceeds are therefore 22.5 million euros. The auction in Cologne was the first live auction in Sotheby’s new German headquarters in Cologne.
The auction of the estate of fashion designer Karl Lagerfeld in Cologne achieved 4.2 million euros. Sotheby’s auction house announced on Monday that this was seven times the preliminary estimate. Together with the previous auctions in Monaco and Paris, the proceeds are therefore 22.5 million euros. The auction in Cologne was the first live auction in Sotheby’s new German headquarters. According to Sotheby’s, it is the only international auction house to hold auctions in Germany. Lagerfeld died in 2019.