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Thursday, 06 February 2014 11:12

Picasso, Pissarro and Van Gogh Records Set at Sotheby’s London

Camille Pissarro's 'Boulevard Montmartre, Matinée de Printemps,' 1897. Camille Pissarro's 'Boulevard Montmartre, Matinée de Printemps,' 1897. Sotheby's London

On February 5, Sotheby’s London’s Impressionist and Modern Art Evening Sale fetched 163.5 million pounds, significantly more than its pre-sale estimate of 128.4 million pounds. Out of the 89 lots offered, 10 failed to find buyers.

The highlight of the sale was Camille Pissarro’s ‘Boulevard Montmartre, Matinee de Printemps,’ a street scene that sold for a record 19.9 million pounds, nearly five times the previous record for the Impressionist master at auction. The painting, which is widely considered to be one of the most important Impressionist works to appear at auction in the last decade, was originally owned by the Jewish industrialist, Max Silberberg. During World War II, the Nazis forced Silberberg, who perished in a concentration camp, to get rid of his entire collection of 19th and 20th century artworks. ‘Boulevard Montmartre, Matinee de Printemps’ was restituted to Silberberg’s family in 2000.

The auction also saw the highest price for a Vincent Van Gogh painting offered at auction in London when ‘L’Homme est en mer’ sold for 16.9 million pounds. Other highlights included a print by Pablo Picasso titled ‘Composition au Minotaure,’ which sold for a record 10.4 million pounds and a work on paper by Alberto Giacometti titled ‘Homme Traversant une Place par un Matin de Soleil,’ which achieved a record 8.5 million pounds.

Two weeks of London sales kicked off on February 4 at Christie’s where works by Picasso, Rene Magritte and Juan Gris helped an auction reach 177 million pounds, a record for a sale in London. During the sale, Gris’ still-life ‘Nature Morte a la Nappe a Carreaux’ sold for 34.8 million pounds, a world record for the Spanish artist at auction.

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