SOTHEBY'S GIANNI VERSACE COLLECTION 5/21/05

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SOTHEBY'S THE COLLECTION OF GIANNI VERSACE NEW YORK MAY 21ST 2005 THIS CATALOG CONTAINS 256 PAGES AND 487 LOTS. Sotheby's Successful Sale Of Property From The Collection Of Gianni Versace Surpasses Expectations Totalling Nearly $6 Million May 21, 2005, New York, New York - Today at Sotheby's, determined collectors in the sale room competed with absentee and telephone bidders for the fine and decorative arts that once graced the New York townhouse of the late design genius, Gianni Versace. The total reached $5,935,459 surpassing the $5.1 million high estimate, with 88.9% sold by lot and 95.1% by amount and more than 52% of the lots sold surpassed their pre-sale estimates. The top selling lot of the day was Frank Moore's phantasmagorical painting entitled Cow which set an auction record for the artist when it sold for $284,800 (est. $20/30,000*) to a bidder on the telephone. A selection of Contemporary paintings from Mr. Versace's Collection totaled $12.5 million at Sotheby's New York on May 10-11, and another selection of Contemporary works will be offered in London on June 22-23. "We are thrilled with the results of today's sale - a tribute to Mr. Versace's dynamic personal style and enduring appeal," commented Elaine Whitmire, Senior Vice President and specialist in charge of the sale. "We saw very active bidding from private collectors, read more