NEW YORK, Nov 13 — A painting by Rene Magritte sold for US$26.8 million (RM112.2 million) yesterday at a Sotheby’s auction in New York, setting a record for a work by the Belgian surrealist.
The painting entitled “Le principe du plaisir” topped the price fetched by “La corde sensible”, which was sold in February 2017 in London for US$17.9 million.
Sotheby’s had estimated the painting sold yesterday as being worth 15 to 20 million dollars. It said seven collectors — an unusually high number — bid for it.
Other paintings on offer on the second night of the autumn art auctions in New York also surpassed their estimated value.
“Improvisation on Mahogany” by Russian-born Wassily Kandinsky, fetched US$24.2 million, compared to its pre-sale estimate of 15-20 million dollars.
A painting that was supposed to be one of the main attractions of the auction failed to lure a buyer.
It was Marsden Hartley’s “Pre-War Pageant”, considered to be one of the first totally abstract works in the history of American art.
It was estimated at US$30 million, nearly five times the record for that US painter.
On Sunday, the Vincent Van Gogh Painting “Coin de jardin avec papillons”, estimated at US$40 million, went begging at a Christie’s auction of Impressionist and Modern art.
The fall art auctions continue through Thursday evening. — AFP
