Picasso "Reading" brought 40.7 million dollars
The overall result of trades - 111 million
Pablo Picasso
Reading. 1932.
Source:
in London yesterday was the first this season, a major auction of Impressionist and Modern hosted a house Sotheby's. Thirty-two works of art brought in a total of 68.8 million pounds ($ 111 million), about a quarter of lots remained unsold.
Estimate 12-18 million pounds, issued by the relatively small (66 to 1951) Pablo Picasso "Reading» , was not excessive: job portraying the artist's mistress Marie-Therese Walter, bought for 25.2 million pounds (40,7 million dollars). "Hammer Price" (without the buyer's commission) was 22.5 million pounds. It is noteworthy that this figure on behalf of the player's phone call a former president of Sotheby's Russia Poltimore Mark (Mark Poltimore). Total for Picasso fought seven clients started trading from 9 million pounds.
previous owner "Reading", a collector of American painting acquired in 1996 after an auction at which she could not find a buyer . Paid them the sum was close to the lower estimate (6.8 million). Seven years earlier, "Reading" was bought at auction Habsburg Feldman for 6.27 million dollars.
Note also that the proceeds of the Sotheby's yesterday, the sum will give an anonymous client that made the so-called "irrevocable bid "- that there is agreement in the absence of interest in the lot to take it at a predetermined price. Learn more about these safeguards can be found here .
Among the other lots, which Sotheby's had high hopes - the massive bronze Marino Marini "The idea Rider" and the landscape by Monet "Argenteuil before sunset." The first work sold for 4.2 million pounds (estimate 3,7-4,5 million), second - for 3,4 million (3,5-4,5 million). In 2002, now the master of Impressionism, the dollar value of which amounts to 5.5 million, wanted to sell on the New York auction Phillips de Pury & Luxemboug; estimated at 5-7 million job failed.
It is much more interested bidders have expressed to the canvas Lionel Feininger "paddle steamer at the pier" (3.2 million pounds in the evaluation 1-1,2 million) and gouaches Rene Magritte's "Schoolmaster" (2.5 million; estimate: 0.8 -1.2 million). Another creation of Picasso's later autobiographical painting "The Artist and His Model in a Landscape" was sold for 2 million pounds, with preliminary estimates of 600-800 dollars.
In 2010, a similar auction at Sotheby's rescued 164.4 million pounds, but for most of this sum was responsible deal with a sculpture by Alberto Giacometti Walking man I », for which paid a record 65 million (104.3 million dollars). At yesterday's auction of Giacometti works (one of which was estimated at 3,5-5 million pounds), the new owners failed to acquire.
Today, February 9, your auction Imp-Mod will Christie's , and tomorrow, Sotheby's put up for auction about sixty works of modernists from one private collection .
material was prepared by Julia Maksimova, AI
Source: , artinvestment . ru
