2023-11-10 23:04:08
During an exceptional evening, where Christie’s made $640 million in sales, Claude Monet’s painting was sold for $74 million.
The masterpiece of the French impressionist painter Claude Monet, “The Water Lily Pond”, was sold at auction for $74 million on Thursday in New York, during an exceptional evening at Christie’s which achieved $640 million in sales. .
Christie’s, owned by the Artémis holding of French billionaire François Pinault, and its competitor Sotheby’s, which belongs to Franco-Israeli billionaire Patrick Drahi (owner of SFR and BFMTV), are in the middle of the fall auction season, from July 7 to November 15.
The two houses hope to break records and generate billions of dollars.
640 million Thursday evening
Sotheby’s, which sold a Picasso (“Woman with a Watch” – 1932) on Wednesday evening for $139 million – the second most expensive work for the Spanish master who died in 1973 – is already more than $400 million short of auctions this week. Christie’s is at 748 million, including 640 on Thursday evening alone.
Since 2017, this is a record sum accumulated in a single evening of sales of works of art belonging to different collectors, Christie’s welcomed in a press release.
The highlight of the evening, “Le bassin aux nymphéas” (1917-1919) by Claude Monet, estimated at 65 million dollars, went for 74 million under the hammer of the star auctioneer of Christie’s, the international president of the house , Jussi Pylkkänen, whose last appearance was at the Rockeffeler Center headquarters in Manhattan.
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The director, who had announced that he was leaving after four decades of career, was applauded standing by wealthy collectors and art lovers in a crowded and ultra chic room, typical of these New York evenings.
Three paintings by Paul Cézanne, including “Fruits and Ginger Pot” sold for nearly $39 million, were sold for the benefit of the Langmatt Museum in Baden, Switzerland, according to Christie’s.
Other individual records were broken Thursday evening: the work of the 20th century American expressionist painter Richard Diebenkornn, “Recollections of a Visit to Leningrad”, was sold for 46 million dollars and “Untitled”, by his compatriot Joan Mitchell , went for 29 million.
In a context of international crises, the auction houses Sotheby’s and Christie’s are delighted with an art and luxury market in excellent health, driven by China and Asia, and “with no indication” of a slowdown after an exceptional 2022 vintage, with more than $16 billion in cumulative sales.
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