> The painting, in which nature and its reflection is shown and is valued for its technical sophistication. AP / FILE
- ‘Nympghéas’ Claude Monet was sold in 50 MDD
The key blue paint period was painted by the artist at age 19 in Paris
The play “The Gommeuse” (1901), with great erotic force but also introspective, was painted by a young Picasso of just 19 who had just arrived in Paris and carried a depression after the suicide of his friend Carlos Casagemas.
This is the portrait of a cabaret that openly shows her breasts with an intense look in front.
The painting also has a secret, because in his back portrait of Pere Manach, a friend of Picasso appears.
At the same sale of Sotheby’s dedicated to impressionist and modern art sold “Nymphéas” by Claude Monet, which could have reached 50 million according to previous estimates but stayed in 33 million final price.
“Nympheas” (1908) is part of the series of water lilies of French painter and is certainly one of the most iconic Impressionist works.
The painting, in which nature and its reflection shows, is valued for its technical sophistication and colorful virtuosity.
Both “The Gommeuse” and “Nympheas” now belonged to the same collector, William I. Koch, and indeed hung close together in the lounge philanthropist.
According to the co-head of modern art impressionist Sotheby’s, Simon Shaw, “both documents table represent two icons of art history held so far of a major American collectors,” he said .
The third great work auctioned tonight was “Paysage sous un ciel I mouvementé” (1889) by Vincent van Gogh from the collection of Louis and Evelyn Franck, who remained near the minimum estimated with the bid 48 million hammer price.
The work the best time of great Dutch painter, the same as “Starry Night” is locked, and shows a landscape with two contrasting sections of color and darkness.
The auction house, which put 47 lots on the market, able to surpass the estimate in the auction of “The maitre d’ecole” (1955) by René Magritte with $ 5.8 million and in the case Wassily Kandinsky’s “Ohne Titel” (1923), which reached 5 million, nearly doubling expectations.
Below expectations but the auction was the Kazimir Malevich “Mystic Suprematism” (1920), with 33 million hammer price was just above the threshold of the minimum estimate for the work.
Overall, however, sales on Thursday were more in line with expectations on Wednesday.
So, the auction house could compensate after a disappointing last night, with which premiered the fall season.
The auction of 77 works by the former owner of the house Alfred Taubman threw only $ 377 million of the 500 million estimated.
Only
the work of Amedeo Modigliani “Paulette Jourdain” ( 1919), which reached the final price of 42 million, managed to beat expectations.
With prices lower than estimated Taubman some parts were sold as though “Femme assise sur une chaise” (1938) by Picasso or “La porte (Objet)” by Joan Miró (1931) .
Taubman, who died last spring at age 90, he owned Sotheby’s before spending a period in prison for auction pricing.
The discreet Sotheby’s premiere this fall is not however surprise for the sector.
The director of the auction house, Tad Smith, said collectors are showing “cautious” given the current economic climate.
Speaking to CNBC financial chain, one week before the start of the fall season of the art market, Smith anticipated that “buyers will only buy what you really want and not what will bid for another time they would also have acquired “.
Art prices that have years of declines, are also affected by the delicate moment living markets by Chinese slowdown and financial volatility, experts say.
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