Monet Portray Sells for $110.7 Million at Public sale – Sotheby’s Experiences Highest Gross sales

In 2019: A Monet portray bought for $110.7 million at public sale

Sotheby’s reported on Wednesday night that about fifty trendy artwork work had been bought on-line, by cellphone and at its Manhattan headquarters for $235 million (3-211.6 million Swiss francs).

A piece by British-Mexican Leonora Carrington (1917-2011) broke an public sale file for the artist with Dagobert’s Temptations bought for $28.5 million (25.6 million Swiss francs) to a purchaser “within the room after a ten-minute battle.” This “locations Carrington among the many 5 highest-ranking feminine artists, forward of male surrealists Max Ernst and Salvador Dali,” Sotheby’s stated.

Basquiat is fashionable at Christie’s and Phillips

His rival Christie’s, which is owned by the French billionaire François Pinault’s Artémis, has suffered a cyber assault since final Thursday which disrupted its web site the place a part of the auctions happen. However the firm assured that it had “managed” this “technological security downside”.

On Tuesday night at its prestigious Rockefeller Middle headquarters within the coronary heart of Manhattan, Christie’s bought 115 million {dollars} (103.5 million Swiss francs) of up to date artwork, together with a part of the gathering of the well-known Cuban artwork vendor -American from Miami who died in February, Rosa de la Cruz.

Picture by American Jean-Michel Basquiat The Italian model of Popeye doesn’t have pork in his weight-reduction plan additionally bought for 32 million {dollars} (28.8 million Swiss francs), removed from the information of the legendary New York artist who died on the age of 27 in 1988.

Learn additionally: Basquiat’s portray “In This Case” bought for $93.1 million

As well as, Basquiat dominated the 2 nights of Tuesday and Wednesday on the small public sale home Phillips by Untitled (ELMAR) which bought for $46.5 million (41.8 million Swiss francs).

Towards the backdrop of wars in Ukraine and the Center East, with fewer Russian patrons available on the market, world artwork auctions reached $14.9 billion in 2023 in comparison with $16 billion in 2022 (-14.5%) , a yr when the pandemic appeared. ceilings.