Late financier's photo collection brings $21M

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NEW YORK (AP) — A collection of 175 photographs owned by the late CEO of Dreyfus Corp. has brought a total of $21.3 million at auction.

The works range from daguerreotypes (duh-GEHR'-uh-typs) to contemporary images. They were amassed by Howard Stein, who died in 2011.

Sotheby's says the sale exceeded the previous record for a photographs auction by $6 million.

It also set records for a number of photographers including Alvin Langdon Coburn, August Sander and Tina Modotti.

The highest price went for Coburn's 1905 "Shadows and Reflections, Venice." It sold for $965,000 to an American collector.

The auctioneer's pre-sale estimate for the 175 works was $13 million to $20 million.

They were offered for sale by a nonprofit, Joy of Giving Something. Stein founded it to support photographic arts and arts education.

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