Saturday, 25 June 2016

Picasso and Modigliani Lead Sotheby's Impressionist and Modern Sale


Pablo Picasso, Femme assise, 1909. £43.3 million. ($63.6 million)
Sotheby's opened the summer auctions with a 27-lot Impressionist and modern art sale. It had a pre-sale estimate of £81.25 to £101.4 million ($119 to $149 million).

At the end of the night, it had cleared the top hurdle with a £103.3 million ($151 million) total.
An 1890 still life by Paul Gauguin sold for £3.4 million ($5 million).

Amedeo Modigliani's 1919 portrait, Jeanne Hebuterne (au foulard). £38.5 million ($56.6 million)
Making up a large percentage of the estimated value of the sale was a life-size cast of Auguste Rodin's Eve, conceived in 1881 but cast sometime between 1925 and 1940. The estimate, at £8-12 million ($11.7 to 17.6 million), was the highest ever for a posthumously cast Rodin bronze. It failed to find a buyer.
Pierre-Auguste Renoir, Un Jardin à Sorrente (1881). £581,000 ($852,000).
Georg Scholz's Nachtlicher Larm (Nightly Noise), 1919, a nightmarish memory of the terror of the First World War brought £449,000 ($658,000).