Explore ART & HOME
It is our pleasure to introduce you to¬†ART & HOME, the magazine jointly published by Sotheby’s and Sotheby’s International Realty. This literary collaboration showcases all the elements of an extraordinary life. Now availalbe in print, online, or on your iPad or Android tablet, it presents sophisticated content and beautiful images related to the art and real estate worlds.
Enjoy the May issue!
Exceptional Estate Collections
Draw Bidders in Record Numbers
Monet‚Äôs View of Venice, Le Palais Contarini
Is the Star Lot of the Season at ¬£19.7m / $30.8m / ‚ā¨22.9m
LONDON – JUNE 19, 2013 – Sotheby’s London Evening Sale of Impressionist & Modern Art totalled ¬£105,939,000, exceeding its pre-sale high estimate of ¬£74-104 million. Driven largely by the strength of the diverse offerings – fresh-to-the-market estate property, sculpture, and classic Impressionist works – the sale attracted global competition.
Monet’s 1908 view of Venice,¬†Le Palais Contarini, provided the highpoint of the evening, becoming the top selling work of the London summer season, when it sold in a tense three-way bidding battle for ¬£19,682,500/$30,828,700/‚ā¨22,998,940.
Moments earlier in the sale, a pristine example of a quintessential work by Piet Mondrian,¬†Composition with Red, Yellow and Blue¬†(1927) – his most favoured combination – was fiercely contested by five bidders. ¬†The winning bid was cast by a telephone bidder and the work fetched a final sum of ¬£9,266,500/$14,514,119 (est. ¬£4.5-6.5) – a price reflecting the rarity of seminal works by the Dutch artist on the market.
The auction was 81.7% sold by lot and was characterised by broad participation from bidders across 33 different countries on the telephones, in the saleroom and online. The sale saw a record number of participants from Asia in a London Impressionist sale.