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Rockefeller auction fetches £476m on first night as historic art works sell for record prices | Rockefeller auction fetches £476m on first night as historic art works sell for record prices |
(about 3 hours later) | |
An auction of artwork belonging to late billionaire David Rockefeller has fetched an unprecedented $646m (£476m) on its first night. | |
Tuesday evening’s sale smashed the $484m auction in 2009 of works collected by fashion designer Yves Saint Laurent. | |
Highlights of the sale at Christie’s included Young Girl with a Flower Basket, a 1905 painting by Pablo Picasso, which went for $115m, the second highest price at auction for the artist. | |
Paintings by Claude Monet and Henri Matisse also sold at record prices for the artists. Monet’s Water Lilies in Bloom, completed between 1914 and 1917, sold for a record $84.6m and Matisse’s Odalisque reclining with magnolias sold for a record $80.7m (£59m). | |
Christie’s said the proceeds would be distributed to a number of causes Rockefeller and his wife, Peggy, supported in their lifetimes. | |
Rockefeller was the last surviving grandson of Standard Oil founder John D Rockefeller when he died in March 2017 at the age of 101. | Rockefeller was the last surviving grandson of Standard Oil founder John D Rockefeller when he died in March 2017 at the age of 101. |
He and Peggy had been married for more than 50 years when she died in 1996. | |
The couple amassed a vast collection of art, furniture, ceramics, statuary and decor. The collection also includes items that were passed down from previous Rockefeller generations. | |
Tuesday’s sale focused on 19th- and 20th-century art, and also included works from Paul Gauguin and Georges Seurat. | |
Art of the Americas will go on the block on Wednesday night. It includes works from Willem de Kooning, Edward Hopper and John Singer Sargent. | Art of the Americas will go on the block on Wednesday night. It includes works from Willem de Kooning, Edward Hopper and John Singer Sargent. |
Other sale sessions at Christie’s will focus on furniture, ceramics and decorations, while an online auction will offer personal mementos, lamps and lighting and tableware. | |
Among the high profile items is a porcelain dessert service that Napoleon took with him into exile. | |
Additional reporting by AP | Additional reporting by AP |
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