Bear Market: Winnie the Pooh Sketch Sells for $50K
Tut tut, looks like we should have invested in Winnie the Pooh drawings rather than those “progressive financial instruments” that just last year the nice men in suits assured us were “exceptionally well-designed.” Earlier this week, famed illustrator E.H. Shepard‘s original pencil sketch of Pooh, Piglet, and Tigger sold for £31,200 ($49,530 at current exchange rates) at Bonham’s in London. The sale price, which includes a 20% buyer’s premium, was double the auction house’s pre-sale estimate.
Sold by Shepard’s family, the undated sketch is an enlarged and expanded version of Shepard’s illustration “Tiggers don’t like honey,” which appeared in A.A.
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