Auditing firm PricewaterHouseCoopers (PwC) organised the sale in an attempt to raise Â£2 million for the creditors of the failed institution.
Among the items sold was a portrait of the pop star Madonna, a plaque to mark the opening of the offices in Canary Wharf by then prime minister Gordon Brown and another sign bearing the bankâs name.
Barry Gibson, a representative from PwC, who was quoted by the BBC, said: âThe chance to own a piece of history does not come up very often."
"The administrators were confident that, by holding their nerve for two years and waiting for the art markets to recover, they would be able to realise the optimum return for the creditors," he added.
Many banks and ex-staff of Lehman Brothers were among the 1,100 attendees at the six-hour auction.
Lehman Brothers was declared bankrupt in September 2008 during the height of the financial crisis.
By Jim Ottewill