Sotheby’s Impressionist & Modern Art Sales Total £145million / $247million (est. £108.6 – £155.6 million)

Sotheby’s Impressionist & Modern Art Sales Total

£145million / $247million (est. £108.6 – £155.6 million)

 

BIDDING FROM ASIA, RUSSIA & SOUTH AMERICA, AND GREATEST DEPTH OF BIDDING IN LAST FIVE YEARS DRIVES 91% OF EVENING SALE WORKS TO SELL

London Impressionist & Modern Art Sales Week Led By the Sale of the Highest Priced Work of Art in this Category in Two Years:

 

Claude Monet’s Nymphéas Sold For £31.7 million/ $54 million

SECOND-HIGHEST PRICE EVER FOR THE ARTIST AT AUCTION

&

Quintessential Masterpiece by Mondrian that Fetched £15.2m / $25.9m

Helena Newman, Sotheby’s Co-Head, Impressionist & Modern Art Worldwide, said: Sotheby’s London sale series demonstrates just how responsive the international market is when presented with works of outstanding quality with reasonable estimates. We were thrilled to have seen both new and existing collectors drawn to bid, and saw classic works by Monet, Mondrian, Picasso and Kandinsky proving their enduring appeal to an ever-widening range of international collectors – notably from Asia, Russia and South America.”

 

Melanie Clore, Chairman of Sotheby’s Europe said: “By providing unprecedented opportunities to collectors we elicited the greatest depth of bidding across the sale seen in the last five years. We were privileged to have been entrusted with works from superb private and estate collections together with property presented for the first time at auction, and succeeded in achieving consistently strong prices for each.”

 

Sotheby’s Evening sale of Impressionist & Modern Art Total  

£121,957,000 / $207,875,707 / €152,555,889 (est. £86.2-123.9m / $146.3 – 210.3m)

Post Sale Video Available

 

Sotheby’s Day Sale of Impressionist & Modern Art Total

£23,177,550 / $39,459,779 / €28,918,644 (est. £22.4 – 31.7m / $38- 53.9m)

 

Rajendra Ganotra is the Editor of Spicy Stars Mumbai

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