The First Art Newspaper on the Net   Established in 1996 United States Saturday, June 23, 2018

Strong Sale of Impressionist and Modern Art at Sotheby's Brings $227.6 Million
A Sotheby's employee discusses the merits of the painting "La Belle Romaine" by Amedeo Modigliani during a preview of Sotheby's Impressionist & Modern Art auction in New York. REUTERS/Lucas Jackson.

NEW YORK, NY.- Yesterday’s sale of Impressionist and Modern Art at Sotheby’s in New York brought a strong total of $227,561,000, comfortably within the pre-sale estimate of $195/266 million.* The sale was led by the record-setting price brought by Amedeo Modigliani’s Nu assis sur un divan (La Belle Romaine) -- $68,962,500 -- which was well above expectations and the strongest price achieved in this category at Sotheby’s in New York since May 2006.** Four works sold for more than $15 million and 38 sold for over $1 million. Sotheby’s sales of Impressionist and Modern Art continue today at 10 am and 2 pm.

“We are delighted with the results of our sale, which build on the success of the past year, and are our best in this category in New York since May 2008,” said Simon Shaw, Head of Sotheby’s Impressionist and Modern Art Department in New York. “It was a great night for Modigliani. La Belle Romaine, his breathtaking nude from circa 1917, provoked spirited bidding from at least five clients and ultimately eclipsed the previous record for the artist at auction, set earlier this year. That price represents over four times the price realized when it was sold at Sotheby’s in 1999, a then record $16.8 million. The depth of bidding from all over the world, including Asia, Europe, Russia and the United States, was particularly notable,” Mr. Shaw added.

“It was very encouraging to see multiple bidders on most of the major lots this evening, demonstrating tremendous strength and confidence in works of great quality in today’s market,” commented David Norman, Co-Chairman of Sotheby’s Impressionist and Modern Art Department Worldwide.

Two of the other highlights this evening were sold to benefit YoungArts, the Core Program of the National Foundation for Advancement in the Arts. Le Bassin aux Nymphéas, the spectacular canvas from Claude Monet's iconic water lilies series, sold for $24,722,500 (est. $20/30 million) and Jeanne Hébuterne (au chapeau), one of the first portraits Amedeo Modigliani painted of his great love, sold for $19,122,500, well in excess of the high estimate (est. $9/12 million).

Yesterday´s evening sale included a group of works by Henri Matisse attesting to his genius in different media. Danseuse dans le fauteuil, sol en damier, a visually-arresting canvas that marked the beginning of a revolutionary campaign in Matisse's art in the fall of 1942 fetched $20,802,500, above a high estimate of $18 million, and Deux Négresses, one of the most striking sculptures of Matisse’s oeuvre, sold for $8,482,500.

Le Saule, a beautiful example of Claude Monet’s work at the height of the Impressionist movement, achieved $6,522,500 (est. $4.5/6.5 million). The painting depicts a group of willow trees against a background of poplars along the Epte river in Giverny, the French town that inspired Monet with the most important and celebratory imagery of his late work.

*Estimates do not include buyer’s premium
** Pablo Picasso’s Dora Maar au chat, 1941, sold for $95,216,000 at Sotheby’s New York on May 3, 2006

Sotheby's | Impressionist and Modern Art | Amedeo Modigliani |

Today's News

November 3, 2010

Strong Sale of Impressionist and Modern Art at Sotheby's Brings $227.6 Million

The Giacometti Variations, an Original Project by John Baldessari, at the Prada Foundation

Exhibition at the British Museum Brings Ancient Book of the Dead to Life

Memorabilia Relating to Darth Vader, Marilyn Monroe, James Bond, Tommy Cooper, King Kong and More on Sale

Contemporary Artists Examine the Use and Role of Destruction in Contemporary Art

The Most Important Depiction of Henry VIII's "Lost" Palace to Be Offered at Christie's

Sotheby's London November Sale of Scandinavian Art to Include Major Works by Leading Artists

Cantor Arts Center Exhibition Features Chiaroscuro Technique: A First for Reproducing Color Images

The Strange Life of Objects: The Art of Annette Lemieux at the Krannert Art Museum

One of the Most Important Works of American Furniture to Come to Auction will Be Offered by Sotheby's

Poster Auctions International Announces Sale of Important and Rare Posters

Britain Halts Export of $48 Million Turner Painting "Modern Rome - Campo Vaccino"

Eloquent Presentation of New Work by the Renowned Belgian Painter Luc Tuymans

First New York City Museum Exhibition in All Media at American Folk Art Museum

Fifth Annual New York Art Book Fair Offers the Best in Contemporary Art-Book Publishing

A Selection of Works from the 1960s and 70s by American Artist Michael Heizer at David Zwirner

The Remarkable Journey of the Stansted Park Suite to be Offered at Christie's in New York

The Art Auction at the Museum of Contemporary Art, Chicago Raises $2.8 Million

MoMA to Present the Most Extensive Exhibition of Weimar Cinema Ever Mounted in the U.S.

Image Used in Classic British Anti-War Film for Sale at Bonhams

Wallpapers by Contemporary Artists and Designers at Musée de design et d'arts appliqués contemporains

Portraits of First World War Veterans Presented to The Queen Go on Display at Windsor Castle

Sir Norman Foster Designs Bodegas Portia: A New Winery for the Faustino Group

Christie's Presents Rare and Exceptional Works from Its Classical and Modern Chinese Paintings Sale

Arthouse at the Jones Center, Austin's Premier Contemporary Art Center, Reopened to the Public

Most Popular Last Seven Days

1.- Porsche Super Speedster offered for first time in 50 years at RM Sotheby's Porsche 70th Anniversary Auction

2.- Cummer Museum of Art & Gardens opens 'Storytelling: French Art from the Horvitz Collection'

3.- Gauguin: Voyage to Tahiti stars Vincent Cassel as the famed French artist

4.- Stunning colored diamonds expected to dazzle at Heritage Auctions' Summer Fine Jewelry Auction

5.- US designer Kate Spade found dead at 55

6.- Vincent Van Gogh painting sells for over 7 million euros: Artcurial auction house

7.- Sir Stanley Spencer painting discovered hidden under a bed during a drugs raid

8.- Oxford's Bodleian Libraries unveil UK's first major Tolkien exhibition in decades

9.- Major exhibition at the Guggenheim explores decades of work by Alberto Giacometti

10.- World's largest freshwater pearl goes for 320,000 euros

Related Stories

Important Judaica and Israeli & international art bring a combined $7.9 million at Sotheby's New York

Sotheby's New York to offer The Andy Williams Collection of Navajo blankets in May 2012

Buhl Collection brings $12.3M - Highest ever total for a private collection of photos sold at auction

'Casablanca' piano sells in NY for more than $600K

No bidder found for letters by 'Peanuts' creator

Sotheby's names President and CEO William F. Ruprecht as Chairman of the Board of Directors

Sotheby's announces first ever selling exhibition of contemporary art from central Asia and the Caucasus

Mick Jagger love letters written to American singer Marsha Hunt sold at London auction

House of Illustration raises 68,750 in "What are they like?" Celebrity Auction at Sotheby's London

Swiss contemporary art generates enthusiasm among collectors at Sotheby's

Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .


Ignacio Villarreal
Editor & Publisher:Jose Villarreal - Consultant: Ignacio Villarreal Jr.
Art Director: Juan José Sepúlveda Ramírez

Royalville Communications, Inc
Founder's Site. The most varied versions
of this beautiful prayer.
to a Mexican poet.

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site
Tell a Friend
Dear User, please complete the form below in order to recommend the Artdaily newsletter to someone you know.
Please complete all fields marked *.
Sending Mail
Sending Successful