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Sheikh Hamad bin Abdullah Al Thani’s Avenue Floquet Collection Achieves €24.4M at Sotheby’s Paris

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Source: New York Observer

It is not every day that the entirety of a distinguished Parisian residence comes to market, but that’s precisely what inspired five dedicated auctions held at Sotheby’s Paris on November 4-9. The multi-category, cross-century series brought the contents of Sheikh Hamad bin Abdullah Al Thani’s Avenue Floquet residence to the block, achieving a total of €24.4 million after a €10.4-15.7 million pre-sale estimate. The five sales achieved white-glove results, with more than 57 percent of the lots exceeding their high estimates. Collectively titled Une demeure princière: La résidence de son Altesse Cheikh Hamad Bin Abdullah Al Thani, Parts I through V presented the contents of the Sheikh’s hôtel particulier overlooking the Eiffel Tower in Paris’s prestigious 7th arrondissement.

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Read the original at New York Observer

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