Modigliani painting sells for $170 million

isWHMsKzLpqwAn art piece by Amedeo Modigliani has received the second highest price  for any artwork at an auction. The painting Nu Couché or (Reclining Nude), was sold by Christie’s in New York on 9 November, was purchased for $170.4m (£113m). The past auction record for a Modigliani painting was $71m.

Modigliani’s Nu Couché painting portrays a dark haired lady lying naked on a red couch resting on a blue pillow . It now has turned into the tenth masterpiece to offer for more than $100 million at a bartering. As indicated by Christie’s, the painting was acquired by a buyer who wished to stay anonymous. Interestingly enough, The New York Times has reported that the work of art was purchased by a Chinese national via telephone.

“This painting leaps off the page as the most vibrant, sexual, lyrical of the catalog raisonee,” Ana Maria Celis, a Christie’s specialist in post-war and contemporary art.

Modigliani’s 1917-18 Nu Couché painting, which saw the highest pre-sale estimate of any lot at the auction, was sold under Christie’s “The Artist’s Muse” special auction for paintings and sculptures from the 1860s to the 2000s. The daughter of an Italian collector Gianni Mattioli, Laura Mattioli Rossi, who owned the Nu Couché, was guaranteed at least a $100m as minimum price for the artwork.

The pop work of Roy Lichtenstein, “Nurse”, from 1964, surpassed its $80m price estimate, selling for $95.3m, creating a new record of the artist’s work. While, the highest price for any artwork was paid for Paul Gauguin’s Nafea Faa Ipoipo (When Will You Marry?). Gauguin’s artwork fetched $300m in February 2015.

Christie’s is expecting to sell at least $1bn worth of art, over a series of sales this week.

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>