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65 MILLION USD FOR A MANET PORTRAIT
06 November 2014
Catégorie : MARKET

Edouard Manet's 1881 portrait of the actress Jeanne Demarsy in a flowery dress and bonnet titled "Le Printemps" was sold in favour of the Paul Getty Museum by Christie's on November 5, 2014 in New York for  65.1 million US, well above its high estimate of $35 million.

Timothy Potts, the museum head, said it was a  beautiful, lovable and captivating painting. This was one of the last of Manet's Salon paintings still in private hands.

The sale totaled 165.6 million USD, above its high $157.8 million estimate. with 35 out of 39 works sold.

Alberto Giacometti's “Stèle II,” a bronze sculpture of a man perched on a high plinth  conceived in 1958 and cast in 1962, sold for 9.9 million USD, well above its 6.5 million estimate.

Joan Miro's “Tuilerie à Mont-Roig” painted in 1918 went for 8.6 million USD against a low estimate of 5 million.

Georges Braque's 1918 painting “Guitare et Rhum,” fetched 4.6 million USD, above its $3 million estimate. Gino Severini's pastel from 1912-13, “Etude pour Autoportrait au Canotier,” far exceeded its 1,5 million estimate to reach 4.7 million USD and Picasso's 1913 “Figure,” a collage made in 1913 sold for 4.3 million USD, again well above its 2.5 million high estimate.

Magritte's “Mesdemoiselles de L'Isle Adam,” showing two silhouetted naked women on a beach, fetched 4.9 million, just under its low 5 million estimate while works by Miró and van Gogh sold well under their expected estimates.

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