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Marion Maneker0February 05, 2013

Sotheby’s London I/M, Surrealism =$190m

Sotheby's London I/M Eve 213 Auction ShotSotheby’s opened the London Winter sales cycle with a strong Impressionist, Modern & Surrealist Art Sales totaling £121,075,400 / $190,500,035 (est. £103.2–149million)In total, 18 lots sold for over £1 million, 28 sold for over $1 million.

Pablo Picasso’s 1932 portrait of Marie-Thérèse, Femme Assise Près D’Une Fenêtre, which sold to an anonymous telephone bidder for £28,601,250/ $45,001,207  (est. £25-35 million).

From the Leopold Museum, Vienna,three exceptional works on paper by Egon Schiele, representing one of the most important groups of work on paper by the artist ever to come to the market, achieved a combined total of £14,011,750/ $22,046,088 against an estimate of £9-12 million. The top-selling work of the collection was Liebespaar (Selbstdarstellung Mit Wally) / Lovers (Selfportrait With Wally) from 1914, which achieved £7,881,250/ $12,400,359

Claude Monet’s monumental water lily painting Nymphéas avec reflets de hautes herbes, which dates from 1914-17, sold for £9,001,250/ $14,162,567/ €10,467,529.

Claude Monet, Le Givre à Giverny (est. £4-6 million) £8,777,250/ $13,810,125

Impressionist & Modern Art Evening Sale statistics:

£104,404,900 / $164,270,670  (est. £86.7-126 million), 85% sold by lot.

  • Average lot value: £3,070,732

Surrealist Art Sale statistics

£16,670,500 / $26,229,365 (est. £16.5-23million), 85.7% lots sold.

  • Average lot value: £926,138

Sotheby's London I:M 213 Sotheby's London Surrealist 213