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    Modigliani's La Belle Romaine made 68.9 million dollars at Sotheby's, a new record for the artist. (click on image to enlarge)

    Amedeo Modigliani’s Nu assis sur un divan (La Belle Romaine)  made $68,962,500 at Sotheby’s.  This is a new world record.  It was achieved at the sale of Impressionist and Modern Art in New York on November 2. The sale brought in  $227.6 million (€162 million).  This was within the pre-sale estimate of $195/266 million.

    The sale was led by Modigliani’s Nu assis sur un divan. This new record for Modigliani was over over four times the price realized when it was sold at Sotheby’s in 1999 for a then record $16.8 million. There was bidding from all over the world, including Asia, Europe, Russia and the United States.  It was chased by five different bidders and there were multiple bidders on most of the major lots.

    Four works were sold for more than $15 million and 38 sold for over $1 million.

    Le Bassin aux Nymphéa from Claude Monet’s water lilies series made $24,722,500 and Jeanne Hébuterne, one of the first portraits Amedeo Modigliani painted of his great love, sold for $19,122,500.  Both paintings were sold to benefit YoungArts, the Core Program of the National Foundation for Advancement in the Arts.

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