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Klimt leads art auctions in London, early 2017

Klimt - Bauerngarten

Gustav Klimt: ‘Bauerngarten’ (1907)
Sold for £48 million / $59.3 million at Sotheby’s

Klimt leads art auctions in London, early 2017 Gustav Klimt’ ‘Bauerngarten’ (1907) was sold for £48 million / $59.3 million at Sotheby’s, highlighting the impressionist and modern art auctions in London, February and March 2017.]]>

March 3, 2017, source: Sotheby’s / Christie’s

Sotheby’s London March 2017 sales of Impressionist, Modern & Surrealist Art totalled £213.9 million / $264.4 million / €250 million. The top lot was Gustav Klimt’s rare masterpiece, which was competed for by three bidders to achieve the third highest price for any work ever sold at auction in Europe and a record price for a landscape by the artist. One of the greatest works by the artist ever to appear at auction , Bauerngarten of 1907 came to the market tonight having remained in a private collection since 1994 and was most recently exhibited at the Royal Academy of Art London in the highly acclaimed ‘Painting the Modern Garden’ ex hibition.

At the same auction, Pablo Picasso’s “Plant de tomates” was sold for £17 million / $21.1 million. Painted days before the Liberation of Paris, his series of five paintings of a tomato plant in the apartment he shared with Marie- Thérèse are ripe with personal, political and cultural significance.

Christie’s auctions of Impressionist and Modern and and Art of “the Surreal Art” totalled £136,874,598 / $169,998,251 / €160,143,280. The top work of the evening was Paul Gauguin’s highly sought after “Te Fare (La maison)”, which sold for £20,325,000 / $25,243,650 / €23,780,250, while René Magritte’s “La corde sensible” set a new world record at auction for the artist of £14,441,348 / $17,936,155 / €16,896,378, with “Le domaine d’Arnheim” becoming the third highest price for Magritte at auction (£10,245,000 / $12,724,290 / €11,986,650), confirming that works by Surreal artists continue to inspire collectors globally.

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Klimt leads art auctions in London, early 2017