Picasso for $63.6 million and a Modigliani for $56.6 million
ARTinvestment.RU   22 июня 2016

Sotheby's held in London the evening auction of impressionist and modern. Picasso and Modigliani earned 80% of total revenue

June 21, Sotheby's held in his London office evening auction the art of impressionism and modernism. Of the 27 lots sold 24 to a total of £103,3 million ($151 million), or 112 % of the average total estimate of the auction. Last year, the same year the London auction Sotheby's brought in £178,6 million ($262 million) over 42 lots sold from 50 proposed. Helena Newman (Helena Newman), head of Department of impressionism and modernism, explains thinner catalog of the evening auction of the fall in the pound amid fears about a British exit from the EU.

Approximately 80 % of the proceeds of the auction sale provided the two top-лотов — works of Picasso and Modigliani. Cubist portrait of Pablo Picasso's "Seated woman" ("Femme Assise"), 1909, the previous owner (according to some reports, American) was acquired at auction in 1973 for £340 thousand Yesterday estimate started with £30 million ($42.6 million), and over all the efforts of the two parties in the hall at £43.3 m ($63.6 million). Approval of Sotheby's, the highest auction result on the London trading floors since 2010.

the Second top-лотом trading expected was a portrait of "Jeanne hebuterne (with a scarf)" from 1919 by Amedeo Modigliani. For a portrait asked for around £28 million ($41 million). Allegedly for sale the work of Modigliani put Syrian-арабский billionaire and former arms dealer Wafiq Syed (Wafic Said). In any case, since 1986, when Sayid bought the painting for £1.9 million at a public auction that Modigliani saw. Thirty years later, in 2016-м, the buyer paid for it in 20 times is more expensive — £38.5 million ($56.6 million) including Commission. This is a record result for beautiful portraits Modigliani (but not for nu: "Reclining Nude" was sold for $170,4 million in 2015-м).

the Third work announced as top-лот, the buyer is not found. Posthumous casting in bronze of Auguste Rodin's "eve" in full size, despite the size and rarity (30 casting of "eve" of this size, only 5 are in private hands), seemed to be apparently too expensive: the estimate of £8-12 million to the Senior Manager of the auction house had to admit that the assessment may have been "somewhat overstated", but he hopes to sell the work of Rodin after trading in a private transaction. The market works by the French sculptor in recent years is on the rise. There were many significant sales, and among them are a record. In particular, just in may 2016-го, at auction at Sotheby's version of the famous marble sculpture "Eternal spring Rodin went for a record $million of 20.41.

Main rival Sotheby's — auction house Christie's — will hold its evening sale of impressionist and modern art tonight. At stake — 36 lots.

Sources: artnet.com, artdaily.com, artinvestment.ru



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