41.   By contrast, items with an intrinsic artistic value and much higher estimated value did less spectacularly.

42.   Experts said the bids were in line with the estimated value of the instruments.

43.   The weapons have an estimated value of four million dollars.

44.   Two star canvasses, however, were withdrawn after failing to come close to their estimated values.

45.   Models wore pearl chokers, the most expensive with an estimated value of three million dollars.

46.   The figure is similar to the estimated annual value of losses of US firms from piracy in China.