"On Thursday night, Sotheby's finished off a week of evening sales with a mostly energetic three-part auction of modern art that saw a Frida Kahlo painting sell for a record price of $54.7 million and brought in a combined $304.6 million inclusive of fees, well above a $211.3 million-$289.3 million pre-sale estimate. The evening started off with 13 artworks from the collection of Chicago-based Cindy and Jay Pritzker, followed by a group of Surrealist works. Last came a multiple-owner modern art auction."
"She had reason to be excited: the 13 lots in the Pritzker portion of the evening were a rousing success, totaling $109.5 million, with five artworks selling above estimate, five within, and only three below. The highest result in the sale was $62.7 million, a 35 percent jump on its pre-sale estimate, for Vincent van Gogh's 1887 Piles de romans parisiens et roses dans une verre (Romans parisiens), a painting of books laid out on a table."
Sotheby's three-part modern art evening generated $304.6 million inclusive of fees, outperforming a $211.3 million–$289.3 million pre-sale estimate. A Frida Kahlo painting achieved a record $54.7 million. The sale opened with 13 works from Cindy and Jay Pritzker's collection, followed by a Surrealist grouping and a multi-owner modern auction. The Pritzker segment totaled $109.5 million, with five lots above estimate, five within, and three below; Vincent van Gogh's 1887 work led at $62.7 million. The 24-lot "Exquisite Corpus" sale realized $98 million with a mix of results and notable successes.
Read at ARTnews.com
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