Paul Cézanne ‘s ‘The Card Players’ breaks World Record art price

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2015-06-26 10:43:35

Paul Cézanne ‘s ‘The Card Players’ breaks World Record art price

According to reports by both Vanity Fair and Forbes Magazine, Paul Cézanne’s late 19th century masterpiece ‘The Card Players’ was purchased in a private sale in 2011 by the Qatari Royal Family for a World Record price of $250 million.

The painting had long been owned by the Greek shipping tycoon George Embiricos, and it had remained virtually unseen in his notoriously private collection for years after Embiricos allegedly turned down a series of nine-figure offers for the work.

Rumours had surfaced in 2011 the painting had been purchased by the Qatari Royals, but until now the story was unconfirmed. With both Vanity Fair and Forbes Magazine now reporting the sale, it seems the world has a new ‘most expensive artwork’.

The sale shatters the previous record formerly held by the Jackson Pollock painting ‘No 5, 1948’, which was sold to an unknown buyer in a private sale by David Geffen in 2006 for a price believed to be $140 million.
However, this new sale far exceeds that price (by over $100 million) and has set a new level for iconic artworks that seems certain to remain for some time.

The painting is one of five in a series which Cézanne created in the 1890s, all depicting a scene of peasants smoking pipes and playing cards around a table. The other four are located in some of the world’s finest art institutions - the Metropolitan Museum of Art, the Courtauld, the Musée d’Orsay and the Barnes Foundation.

The sale confirms Quatar as a major force in the art world, as in recent years it has assembled a collection which rivals some of the most important around the world.

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