There were mixed results at last night’s final Old Masters sale at Sotheby’s London, as one painting sold for 15 times its estimate of £200,000 ($294,150), while a second, expected to make £2.5 million, failed to sell at all, Bloomberg reports.

The varied fates of the two lots has to do with the difference between works debuting at auction and those that move from collector to collector, according to George Gordon, Sotheby’s co-chairman of Old Master paintings.

The successful lot, a portrait of a banker by the early-16th-century Italian painter Girolamo da Carpi, went to a telephone bidder for £3.1 million.

The failed lot, a scene of reveling villagers by Pieter Brueghel the Younger last sold at Sotheby’s London in July 2005 for £2.2 million.

Overall, a mere 62 percent of the sale’s 52 lots managed to sell, as compared to Christie’s more impressive 80 percent rate in its comparable sale the evening before. However, Sotheby’s earned a respectable total of £13.3 million against a low estimate of £9.5 million.