Old Master drawings surge despite market turmoil

Fears of an economic downturn failed to stop buyers of Old Master drawings. In sales on Wednesday at Sotheby's in New York, 65 of the 104 Italian drawings consigned by a high-profile American collector, Jeffrey E. Horvitz, sold for an aggregate $4.96 million, and in the afternoon, drawings from various owners added another $4.23 million.

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