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RENOIR’S BAIGNEUSE AT CHRISTIE’S IN LONDON

Renoir’s Baigneuse at Christie’s.  UPDATE: THIS WAS SOLD PRIVATELY BEFORE THE AUCTION FOR A PRICE THAT WAS WITHIN THE ESTIMATE.

Renoir’s Baigneuse leads Christie’s Impressionist and Modern Art sale in London on June 20.  Painted in 1888 Baigneuse is a sumptuous exploration of Pierre-Auguste Renoir’s (1841-1919) most celebrated theme, the female nude. It is estimated at £12-18 million.

On the market for the first time in 15 years Baigneuse has been part of distinguished collections including Robert de Bonnières, Adrien Hébrard and the Prince de Wagram. It was later owned by the prominent Swiss collector Georg Reinhart. The painting set the record for a nude by the artist when it sold for $20.9 million in New York.

There are work by Picasso, Magritte, Gauguin, Picasso and a distinguished private collection of 14 bronze sculptures by Edgar Degas (1834-1917) with estimates from £15,000 to £2.5 million. The auction of 71 lots has a pre-sale estimate of £86.5-126.7 million.

UPDATE:  Renoir’s Baigneuse was sold privately before the auction for a price that was within the estimate.  The auction brought in £92.5 million with 27 works selling for over £1 million and 36 selling for over $1 million. The top price was paid for Femme assise, 1949, by Pablo Picasso (1881-1973) which sold for £8,553,250.

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