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Auction Record

All articles tagged with #auction record

Magritte's Surreal Masterpiece Fetches Record $121 Million at Auction
art1 year ago

Magritte's Surreal Masterpiece Fetches Record $121 Million at Auction

A René Magritte painting sold for $121.2 million at Christie's in New York, setting a new auction record for the artist and becoming the most expensive lot of the New York November sales season. The painting had a third-party guarantee of $95 million, ensuring its sale. Magritte's previous auction record was $79.5 million, set in March 2022 at Sotheby's in London.

Klimt's "Lady with a Fan" Sets European Auction Record at $108.4 Million
art2 years ago

Klimt's "Lady with a Fan" Sets European Auction Record at $108.4 Million

Gustav Klimt's "Lady with a Fan" has become the most expensive painting ever sold in Europe, fetching a price of £74 million ($108.77 million) at an auction at Sotheby's London. The 1918 painting, which had not been on the market for 30 years, surpassed the previous European auction record. However, Leonardo da Vinci's "Salvator Mundi" remains the most expensive painting ever sold worldwide.

Klimt's 'Lady With a Fan' Sets Auction Records, Sells for $108.4 Million.
arts2 years ago

Klimt's 'Lady With a Fan' Sets Auction Records, Sells for $108.4 Million.

Gustav Klimt's "Lady With a Fan" sold for $108.4 million at Sotheby's, setting a new auction record for the artist and becoming the highest price for a public sale in Europe. The painting inspired 10 minutes of competition from three Asian bidders before selling to Hong Kong-based art adviser Patti Wong. The painting depicts an unidentified young woman against a backdrop of opulent Oriental textiles and was one of two unfinished paintings photographed on easels in Klimt's Vienna studio shortly after the artist died of Spanish flu.

Klimt's 'Sultry Portrait' Breaks European Auction Record, Selling for £85.3m
arts-and-culture2 years ago

Klimt's 'Sultry Portrait' Breaks European Auction Record, Selling for £85.3m

Gustav Klimt's final portrait, "Dame mit Fächer (Lady with a Fan)" (1917), sold for a record-breaking £85.3m at Sotheby's Modern and contemporary art evening sale in London. The painting accounted for nearly half of the auction's total and surpassed the previous European auction record held by Alberto Giacometti's sculpture. The sultry portrait, depicting a woman with a slipping kimono, received significant attention from Asian bidders due to its Chinese and Japanese motifs. The sale also featured a themed sub-auction focusing on portraits, including works by Frank Auerbach. Despite some works selling below estimate, the auction was considered a strong affirmation of the market's strength.