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Versace auction follows hot on the heels of YSL

Sotheby's is selling the contents of Italian fashion designer Gianni Versace's villa on Lake Como, a month after rival Christie's launched a record-breaking sale of Yves Saint Laurent's art and furniture collection raised £333m (€374m).

The third and final auction of the murdered designer's residence is expected to fetch over £2m ($2.8m) at the New Bond Street galleries in London next Wednesday.

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