Claude Monet, Pablo Picasso paintings lead Sotheby’s Modern Art auction

By Daniel S Levine,

Sotheby’s in New York saw another astonishing night during its Impressionist & Modern Art sale Wednesday night. The main attraction was Pablo Picasso’s Le Sauvetage (The Rescue), which went for $31.5 million.

The auction house had initially only predicted the piece to go for $18 million. However, a bidding war broke out and it became the highest-priced item at the auction.

Picasso remains a major draw for art collectors. His 1942 portrait of Dora Maar went for $22.6 million at a Christie’s auction on Tuesday, reports Bloomberg.

Back at Sotheby’s, Claude Monet was also on the auction block with Le Pont japonais. That piece sold to a private Asian collector for $15.8 million. Sur la falaise à Pourville, also Monet, went for $8.2 million, passing its estimate.

A Juan Miro piece titled Sans Titre, which was only recently rediscovered, sold for $8 million.

Sotheby’s sale totaled $219 million. Christie’s Tuesday sale totaled $285.9 million and also included works from Monet and Amedeo Modigliani. During that sale, 18 of the 53 lots went for over $5 million.



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