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  • RECORD FOR A MONET SNOWSCAPE AT SOTHEBY’S

    Claude Monet's L’Entreé de Giverny en Hiver made a record for a snowscape by the artist.

    Klimt's Lakeshore with Birches failed to get a bid and sold privately immediately after the auction for £5.6million.

    There was an auction record for a Monet snowscape at Sotheby’s Impressionist and Modern sale in London on February 8. But over ambitious estimates were blamed for the failure of a Klimt and a Dali to sell.

    Instead the top lot at a sale which brought in £78.8 million was for an 1885 snow scene at Giverny by Claude Monet.  “L’Entree de Giverny en hiver” sold for £7.3 million over an estimate of £4.5-5.5 million.

    There was disappointment that Gustav Klimt’s recently rediscovered 1901 “Lakeshore with Birches” failed to attract a single bid.  It was estimated at £6-8 million.  The work was quickly sold afterwards for £5.6 million. Dali’s 1946 “Oasis” had a top estimate of £6 million and failed to sell.

    Ernst Ludwig Kirchner’s Das Boskett, Albertplatz in Dresden made £7,321,250:  George Braque’s L’Oliveraie made £5,081,250 and Fernand Leger’s La Jeune Fille a l’echelle made £3,961,250.  Works by Edouard Vuillard, Henry Moore and Alexej von Jawlensky made £3,401,250, £3,289,250 and £3,065,250 respectively.  Die Elektrische by Otto Dix made £2,953,250, almost three times its estimate.

    A group of 14 Surrealist works achieved a combined total of £16,083,000.  Giorgio de Chirico’s Ettore e Andromaca made £2,841,250 and Yves Tanguy’s Deux fois du noir made £2, 505,250.  The auction was was 76.9% sold by lot and 76% sold by value (41 of 53 lots were sold).  (See post on antiquesandartireland.com for January 10, 2012.)

    When Sotheby’s day sale concluded on February 9 with sales of £17.1 million it brought the cumulative total for Sotheby’s February sales of Impressionist & Modern Art to £96,087,750.

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