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Sotheby's Evening Sale of Impressionist and Modern Art Surpasses High Estimate
Alberto Giacometti, L’Homme qui Chavire. Est. $8/12 million. Sold for $19,346,500. Photo: Sotheby's.
NEW YORK, NY.- Tonight’s Evening Sale of Impressionist and Modern Art at Sotheby’s in New York was a resounding success, surpassing the high estimate and bringing a total of $181,760,000 (est. $115.3/163 million). The sale was 84.8% sold by lot and 93.4% sold by value. Five works sold for more than $10 million and two artist records were set: André Derain’s Barques au Port de Collioure brought $14,802,500, and Kees van Dongen’s Jeune Arabe totalled $13,802,500, with both significantly exceeding their high estimates. “Tonight’s results were clear vote of confidence for the art market,” said Simon Shaw, Head of Sotheby’s Impressionist and Modern Art Department in New York. “We wanted to put together a sale with works that were not just of great quality but were also presented with attractive estimates. I think the great depth of bidding we saw this evening is a testament to that strate






Today's News

November 5, 2009

Sotheby's Evening Sale of Impressionist and Modern Art Surpasses High Estimate

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