Modigliani, Morisot Lead Christie's $213 Million Sale
- February 07, 2013 22:41
Magritte, Miro, Morisot, and Modigliani achieved top prices at Christie's Impressionist, Modern and Surrealist Art evening sale in London. A tally of £136,462,100 ($213,426,725) for 66 of the 74 lots offered included 8 works that brought more than over five million pounds and five that sold for over ten million dollars.
The sale total eclipsed the pre-sale estimate of £89.8-132.8 million ($140-207 million) which does not include buyer’s premium.
Amedeo Modigliani's “Jeanne Hebuterne (au chapeau),” depicting his muse and mistress, led the sale when it sold to a telephone bidder for £26,921,250 ($42,104,835) against an estimate of £16-22 million.
Four artist records were smashed including the top price for American expatriate Berthe Morisot, whose exquisite portrait of a seated woman holding a fan, “Apres le dejeuner” (1881), went to an anonymous telephone bidder for £6,985,250 ($10,924,931).
The painting had an estimate of £1.5-2.5 million, and had last sold in May 1997 at Christie's New York for $3,250,000.
Christie’s said that the Morisot achieved the highest price ever for a woman artist at auction.
(Among the top prices for female artists, a Natalia Goncharova painting from 1912 reportedly once sold for about $10.9 million. And in 2011, Louise Bourgeois’s giant bronze Spider sculpture from 2003 sold for $10.7 million, the most expensive artwork by a woman artist in the post-war period.)
The strong section of surrealist works totaled £38,150,450 ($59,667,304), becoming Christie's highest tally to date, and led by Joan Miro's black bronze sculpture, “Femme (Femme debout),” which doubled its low estimate to bring £6,313,250 ($9,873,923).
Rene Magritte's “Le Plagiat (Plagiary)” (1940) went to another telephone bidder for £5,193,250 ($8,122,243) (est. £2-3 million).
The auction series continues next week with contemporary art.