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Pissarro painting sells for $32 million in London
LONDON (AP) - A Paris streetscape by Impressionist painter Camille Pissarro has sold for over $32 million - double its top estimate in a week of strong sales of Impressionist and modern art at London auction houses.
Pissarro’s “Boulevard Monmartre, Spring Morning” from 1897 was bought for 19.9 million pounds ($32.1 million), more than four times the previous record for a single work by the artist. It had been estimated at 7 million to 10 million pounds.
At the same sale Wednesday, Vincent Van Gogh’s “Man is at Sea” - once owned by actor Errol Flynn - sold for 16.9 million pounds ($27.5 million), double its top estimate. Pablo Picasso’s work on paper “Minotaur Composition” quadrupled its estimate to sell for 10.4 million pounds ($16.9 million).
The buyers of all three pieces wished to remain anonymous.
Several less-heralded works also smashed expectations. “Mendiant Hindou” (“Hindu Beggar”), pencil drawing by French artist Georges Seurat, had been valued at up to 120,000 pounds ($196,000). The J. Paul Getty Museum in Los Angeles bought it at Sotheby’s on Thursday for 2.4 million pounds ($4 million).
At rival Christie’s on Tuesday, Juan Gris’ “Nature Morte a La Nappe a Carreaux” (“The Checked Tablecloth”) sold to an anonymous private buyer for 34.8 million pounds ($56.7 million), a record for the artist and double its pre-sale estimate.
The auction, which included works by Picasso, Piet Mondrian and Fernand Leger, brought in 176.9 million pounds ($288 million) - the highest-ever total for a Christie’s sale in London.
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