Record Auction Price For Max Ernst Painting

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wikicollecting

2015-06-26 10:45:32

Record Auction Price For Max Ernst Painting

The latest Christie's New York sale of Impressionist and Modern Art sale saw mixed results, with 31 of the 82 work offered failing to sell. However, there were successful results for several lots, including the record-breaking sale of Max Ernst’s 1941 painting 'The Stolen Mirror' which sold for four times its low estimate.

The work, which depicts a fairy-tale landscape and was completed shorty after Ernst's escape to the United States from Vichy France, had a pre-sale estimate of $4 million - $6 million. It was eventually sold over the phone to an anonymous European collector for $16.3 million, a record price for Ernst's work at auction.

Other notable sales included the 1917 Brancusi bronze sculpture of a child’s head, 'Le Premier Cri', which sold for $14.8 million and the 1958 Rene Magrite painting 'Les Vacances de Hegel' which brought $10.1 million.

There were, however, notable casualties as several of the sale's star lots such as works by Pablo Picasso and sculptures by both Degas and Alberto Giacometti failed to attract buyers.

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