Art Investment

Outcome of tendering the works of Impressionist and Modern Sotheby's

Auction has been quite successful. The most expensive work was the painting “The man with the sword” Pablo Picasso

Yesterday in London, the trades works by Impressionists and modernists, arranged the auction house Sotheby's. The auction brought 33.5 million pounds - within the estimate ( 26,75-37,27 million ). Only four lot of twenty-seven have not found buyers. Eight works have brought the amount in excess of a million pounds, eleven broke the mark of one million dollars.

The auction began with two "shock" of sales. Abstract watercolor Wassily Kandinsky «Growth" went for 443 thousand pounds * for Estimé 150-200 thousand. A charcoal drawing - sketch for the painting "Song" - Henri Matisse (Henri Matisse) was sold for 457 thousand in assessing the 180-250 thousand.

very good results showed the picture of Rene Magritte (René Magritte) «light matches. Sotheby's experts estimated it at 200-300 thousand pounds, and brought her entire 646 thousand. The previous owner of the painting with a good income: the painting was purchased by them in July 1998 for 150 thousand pounds.

And now about the "millions" lots. Plaster sculpture "Diego (head tucked in the collar)" authorship of the great Alberto Giacometti (Alberto Giacometti) went for 2.7 million pounds in Estimé 1-1,5 million. His "Bust of Annette VII» brought 1.27 million in assessing 1,2-1,8 million.

sculpture sold quite well: for example, the composition of the three forms, made by a British artist Barbara Hepworth (Barbara Hepworth) went for 780 thousand in Estimé 0,7-1 million pounds.

most expensive lot of the evening was the work of "Man with a sword" Pablo Picasso (Pablo Picasso), has brought nearly 7 million pounds. Experts now estimated at 6-8 million. I bought her a Lebanese financier Samir Trabulsi (Samir Traboulsi). day earlier the same name (!) work by Picasso, also written in July 1969, was sold at Christie's auction for 5.7 million . Painting "The man with the sword" at Sotheby's was the only lot of trades, who had a guaranteed buyer. Perhaps this was Trabulsi, but there is no confidence in this: financier, struggled with the buyer names the price on the phone.

Another late Picasso, "standing naked", was sold for 4 3 million pounds at Estimé 3-4 million. For now fought at least four buyers.

wonderful painting "The Road to Giverny in Winter by Claude Monet (Claude Monet) went for 3.8 million pounds. Like "standing naked" Picasso, it has been estimated at 3-4 million. The previous time the work appeared at auction in 1998. Then she got 1,8-2,5 million estimate, but was not sold.

Painting Paul Signac (Paul Signac) «Constantinople, the Golden Horn. Sulaimaniya, in the style of pointillism, brought 1.4 million pounds in the evaluation 1,2-1,8 million. Previous owner purchased it in November 1998 for 563.5 thousand dollars.

* All prices include Buyer's Premium.

Sources: artinfo.com , sothebys.com , artinvestment.ru


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