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$3.2 million can’t buy ‘Torso’

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From Associated Press

A work of art may be priceless -- but it was the price offered for a Michelangelo drawing that kept it from being sold at a Christie’s auction this week.

The Renaissance master’s “Study of a Male Torso” was on the block at an estimated worth of $4 million. When the hammer came down, the highest bid was $3.2 million, not quite meeting the confidential reserve price, Christie’s said.

The 16th-century 7-by-10-inch black charcoal sketch, which is owned by a Swiss collector, is among fewer than a handful of Michelangelo sketches in private hands.

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