One of the lotus flower painting works of Claude Monet sold for 43.7
million U.S. dollars, or approximately USD 412 billion in an auction in
New York.
In addition, paintings by Wassily Kandinsky also sold for 23 million dollars in Impressionisme and Modern art auction Christie's, which is a new record for the artist.
The work of Picasso and Miro are also sold in the first two weeks of the auction.
However, about 30 percent of 69 paintings auctioned failed to find a buyer, reports Reuters news agency.
Oil painting titled "Nympheas" was created in 1905 when Monet lived in Giverny. Initially, it was estimated would sell between 30 million and 50 million U.S. dollars.
Among the numerous works of art that failed to sell was Picasso sculpture, Coq, which is estimated to be worth between $ 10 million-15 million U.S. dollars and a number of works of Chagall and Degas.
Some experts warn disparity between the value of art and the economy can not continue to happen. Although the works are coveted by collectors continue to increase in value, the other sectors of the art market did not get the same interest.
However, Brooke Lampley, division chief Impressionisme and Modern art at Christie's, said the auction was "very strong sales with exceptional results."
On Thursday (11/08/2012), auction house Sotheby's will hold an auction of impressionism. This event was postponed three days because of the storm Sandy.
Among the 68 works on offer, the interest of collectors focused on a painting by Pablo Picasso titled "Still Life with Tulips" the maestro painted cubism within three hours in 1932.
Next week, the auction house will hold two auctions of contemporary art, some of which offer the works of Jean-Michel Basquiat titled "Untitled" from 1981.
Auctions can be a new record for the artist, who died at the young age.
Basquiat initially known as a graffiti artist in New York City before becoming one of the most famous painters in the city.
In addition, paintings by Wassily Kandinsky also sold for 23 million dollars in Impressionisme and Modern art auction Christie's, which is a new record for the artist.
The work of Picasso and Miro are also sold in the first two weeks of the auction.
However, about 30 percent of 69 paintings auctioned failed to find a buyer, reports Reuters news agency.
Oil painting titled "Nympheas" was created in 1905 when Monet lived in Giverny. Initially, it was estimated would sell between 30 million and 50 million U.S. dollars.
Among the numerous works of art that failed to sell was Picasso sculpture, Coq, which is estimated to be worth between $ 10 million-15 million U.S. dollars and a number of works of Chagall and Degas.
Some experts warn disparity between the value of art and the economy can not continue to happen. Although the works are coveted by collectors continue to increase in value, the other sectors of the art market did not get the same interest.
However, Brooke Lampley, division chief Impressionisme and Modern art at Christie's, said the auction was "very strong sales with exceptional results."
On Thursday (11/08/2012), auction house Sotheby's will hold an auction of impressionism. This event was postponed three days because of the storm Sandy.
Among the 68 works on offer, the interest of collectors focused on a painting by Pablo Picasso titled "Still Life with Tulips" the maestro painted cubism within three hours in 1932.
Next week, the auction house will hold two auctions of contemporary art, some of which offer the works of Jean-Michel Basquiat titled "Untitled" from 1981.
Auctions can be a new record for the artist, who died at the young age.
Basquiat initially known as a graffiti artist in New York City before becoming one of the most famous painters in the city.
He died at the age of 27 years due to heroin addiction in 1988.
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