Yesterday in New York ended with the May session of the auction Christie's «The Art of impressionism and modernism. Total revenue from sales at the auction, held May 4 and 5, was 360.03 million dollars

yesterday in New York ended trading session of May Christie's «The Art of Impressionism and Modernism» . Total revenue from sales at the auction, held May 4 and 5, was 360.03 million dollars.

the first day of trading, which generally yielded 335.55 million dollars, set a new world record price for a work of art - painting by Pablo Picasso's "Nude on a background of green leaves and bust" in 1932 from the collection of Sidney Frances Brody was sold for 106.48 million dollars . Participated in the bidding by collectors from the U.S. (36%), Europe (36%), Asia (4%) and other countries (24 %).

Wednesday, May 5, passed daily auction "Art of impressionism and modernism" and an auction of works on paper in the same category, the total revenue from which totaled 24.48 million dollars. Sales figures on the basis of trades was 84 per cent in quantity and 81 per cent in money terms. Top lot of sections was watercolor by Paul Klee "maturation" of 1921, which went under the hammer for the amount of 1,14 million dollars. In total, the results of evening trading, which took place on Tuesday, May auction outcome "Art of impressionism and modernism has made more than $ 360 million, significantly exceeding the total estimeyt at 283 million, while 9 works were purchased for amounts over $ 10 million .

Items from the collection of Sidney Frances Brody in the number of 79 pieces that were exhibited at both the evening and on day trading, were sold out completely, except for one job. They went under the hammer for 225.9 million dollars, beating the previous record for the most expensive private collection ever exhibited in New York trading (earlier this record belonged to the collection of Victor and Sally Ganz, which is sold in 1997).

Mark Porter, head of the U.S. department of Christie's, said: "These auctions have become an unprecedented event for Christie's, and for the art market in general. Top auction lots have outstanding works by Pablo Picasso, Alberto Giacometti and Henri Matisse from the collection of Sidney Frances Brody - one of the most important collections are in private ownership of all that ever emerged on the market. In addition, we have also seen increased demand for the outstanding works from other private European and American collections, includes works by Picasso, Giacometti and Renoir. We are honored that our customers trust us to display for sale of such products of the highest level, as happened in this season. In this regard we are particularly pleased, that the bidding had reached such sensational results, including three new price records for works by Picasso, Braque and Rafaelli ».

Conor Jordan, head of the New York Department of Art of Impressionism modernism, and Christie's, said: "These auctions, demonstrating the excellent results once again confirmed the strong demand for outstanding works, which served as an excellent proof of sale of paintings by Pablo Picasso from the collection of Brody for a record for the art market worth. In general, this collection, gone with the auction for 225.9 million dollars, became the most expensive private collection, has ever put up for auction in New York ».

• Pablo Picasso
  Nude on a background of the bust and green leaves. 1932
  canvas. 162 x 130
  Christie's. 04/05/2010. Lot № 6
  Result: 106,482,500 dollars

main gem auction was Pablo Picasso masterpiece "Nude on a background of green leaves and bust" from the collection of Sidney Frances Brody - a large-scale portrait of the beloved artist Mary-Therese Walter (in 1932), widely acknowledged considered one of the most significant works by Picasso. The work has long been considered lost, since none of the catalog was not her color reproduction. Family Brody bought the portrait in the 1950's directly from the art dealer Paul Rosenberg over 17 thousand dollars. Publicly, the picture was exhibited only once - in 1961, the exhibition, held at the Museum, University of California at Los Angeles (UCLA). During yesterday's auction for the right to possess this canvas most actively fought eight participants. Starting rate, announced by the auctioneer - the honorary chairman of Christie's Christopher Burge, was 58 million. Bets were taken as the hall and on the phone. After a fierce struggle that had reached a mark of 88 million dollars for the painting has fought only two members. Nine minutes after the announcement of the lot hammer down on a record 106,482,500 dollars.

Other top lots from the collection of Brody

• Alberto Giacometti
  Big head Diego. 1954
  Bronze. V. 65
  Christie's. 04/05/2010. Lot № 13
  estimate: 25-35 million dollars
  Result: 53,282,500 USD
• 

Creativity Alberto Giacometti, represented in the collection of two bronze sculptures, also enjoyed strong demand in the auction. Thus, the bronze "Cat" 1951-1955 years was sold for 20,8 million dollars, and a sculpture called "big head Diego has found a new owner for 53.28 million, significantly exceeding its original эстимейт.

Cloth Georges Braque "Grapevine" gone under the hammer for a record for the works of this artist 10,16 million dollars in Estima at 3-5 million. Excellent "Self Portrait" Edouard Vuillard painted by artists at the end of 1890, was sold for 2.66 million dollars. Part of the proceeds from the sale of works from this section will be donated to support research conducted by Huntington Library in education, arts, humanities, and botanical sciences.

Top lots of other collections

Four works of art displayed for sale from various private collections, were sold for amounts greater than $ 10 million - is the work of Giacometti, Picasso and Renoir, as well as painting by Jean-François Raffaelli, setting a new record price for the artist's works. Top-lot section was a bronze sculpture of Alberto Giacometti's "Hand", sold for 25.84 million dollars. Two works by Pablo Picasso, also exceeded their original estimate: "Woman Seated in a chair with a cat" (1964), pushed under the hammer for $ 18 million, and "The Artist and his Model", dating back to the same period, bought for 10.72 million dollars.

• Pablo Picasso
  Woman sitting in a chair with a cat. 1964
  canvas. 130 x 81
  Christie's. 04/05/2010. Lot № 39
  estimate: 10-15 million dollars
  Result: 18,002,500 dollars
  estimate: 2-3 thousand pounds

painting "Reclining Nude, Gabriel Pierre-Auguste Renoir, from the collection Philadelphia philanthropists Raymond and Miriam Klein was sold for 10.16 million dollars. The new record price was set at the work of Jean-Francois Raffaelli, "Lovers of absinthe," which for 2.99 million dollars purchased the Fine Arts Museum of San Francisco for its permanent exhibition.

Source : the press release Christie's