May 23, 2019
Latest News
Entertainment

Monet's "Meules" fetches more than $110 million, sets new record

New York, USA, May 14 (efe-epa).- Claude Monet's 1890 painting "Meules" from his "Haystacks" series fetched a record of more than $110 million at an auction held at Sotheby's in New York on Tuesday.

The piece, considered to be one of the iconic Impressionist paintings, was priced by the auction house experts at some $55 million which was surpassed in a matter of seconds at Sotheby's Impressionist & Modern Art Evening Sale.

In the eight-minute long auction which included six bidders, "Meules" reached a hammer price of $97 million and ultimately was sold at $110.7 million - double the estimate - including taxes and commissions.

The $110 million sale is 44 times higher than the previous record at an auction at Christie's, New York in 1986, and the sale value is the highest ever for any of Monet's works.

The painting is one of the few in the "Haystacks" series by Monet to have been up for auction this century.

Out of the 25 works of art in the series, 17 are now owned by public institutions, including the Metropolitan Museum in New York, the Orsay Museum in Paris and the Art Institute of Chicago, while the rest remain in private hands.

"Meules" was initially acquired by the distinguished and wealthy Palmer family of Chicago directly from Monet's representative in the 1890s.

Another of the auction's featured works was Pablo Picasso's "Femme au chien", whose price was estimated to be between $25 million to $30 million, but was sold for $54.9 million after reaching a hammer price of 48 million.

Painted in 1962, the work is a portrait of his dog Kaboul and of his second wife, Jacqueline Roque, with whom he was married until his death in 1973.

Another of Picasso's work, "Mousquetaire a la pipe" (1968) was sold for $20.7 million, including taxes and commissions.

The painting was from a series in which Picasso used the figure of a musketeer, which allowed him to move out of the limitations of subjects portrayed in the contemporary art and at the same time explore earlier times.

Joaquin Torres Garcia's work also marked a record for his "Construcción en blanco" with a price that had been estimated between $3.5 million and $4.5 million, with the piece ultimately going for $3.4 million.

Picasso's "Nature morte à la chaise et aux glaïeuls", which was estimated at between $4 million and $6 million, was sold for nearly $4.6 million, while Joan Miro's "Personnage" sculpture was bought for $5.9 million.

The biggest disappointment of the night was the six meter wide and 3.3 meter high "La Jeunesse De Bacchus", which is considered to be one of the most important works of William Bouguereau.

The painting did not find a buyer as the bids reached only $18 million despite being worth between $25 million to $35 million, according to valuers.

hc/sk/uw/ks

News history
Author of beloved children’s classic “The Tiger Who Came to Tea” dies at 95

London, May 23 (efe-epa).- Judith Kerr, the writer and illustrator behind the classic children’s book “The Tiger Who Came to Tea” has died at the age of 95,...

Botswana lifts elephant hunting ban

Johannesburg, May 23 (efe-epa).- Botswana, the country with the largest population of elephants in the world, has lifted a ban on hunting these animals...

Garcia Bernal's latest directorial effort examines root causes of violence

Marta Garde

Journalism in digital age must rethink how to reach its audience

By Gina Baldivieso

Craft-making on the decline in southern Mexico due to lack of pupils

By Mitzi Mayauel Fuentes Gomez

Israeli scientists brew beer using 5,000-year-old yeast

Jerusalem, May 22 (efe-epa).- Israeli scientists have brewed beer with ancient yeasts that were discovered in 5,000-year-old pottery.

Once Upon A Time... In Hollywood Photocall - 72nd Cannes Film Festival

Cannes, France, May 22 (efe-epa).- Quentin Tarantino said Wednesday that he is obsessed with the story of American cult leader Charles Manson at the...

Kenyan writer, LGBT activist Wainaina dies

Nairobi, May 22 (efe-epa).- Kenyan writer and famous LGBT activist Binyavanga Wainaina died in a hospital in Nairobi after suffering from a stroke, his...

Star Wars Canyon: where enthusiasts go to watch fighter pilots practice

By Ivan Mejia

Beekeeping organization in Israel aims to protect bees, promote practice

Yossi Aud has been housing bees in his back yard and teaching people about keeping the insects in a bid to help save them from extinction.

UK's Prince Charles and Camilla visit Ireland

Dublin, May 21 (efe-epa).- Britain’s Prince Charles and his wife Camilla were given a "warm and friendly welcome" to Ireland.

Victoria: an exploration of the UK queen to mark 200th birth anniversary

London, May 21 (efe-epa).- The United Kingdom's Queen Victoria often evokes images of a stern-looking monarch dressed in head-to-toe black, but a new show...

Italian airline Alitalia cancels more than 280 flights due to strike

Rome, May 21 (efe-epa).- Italian airline Alitalia has canceled more than 280 flights on Tuesday amid a national 24-hour strike called by air sector unions.

Austrian Formula 1 legend Niki Lauda dies at 70

Vienna, May 21 (efe-epa).- Three-times Formula One world champion, racing team manager and airline businessman Niki Lauda has died at the age of 70, his...

Austrian Formula 1 legend Niki Lauda dies at 70

Vienna, May 21 (efe-epa).- Three-time Formula One champion and businessman, Austrian Niki Lauda, has passed away at the age of 70, his family announced...

Watching "Aladdin" as a boy, Mena Massoud saw himself reflected on the screen

By David Villafranca

Alain Delon presents his memories at Cannes but avoids controversy

By Alicia Garcia de Francisco

Chile to be main country at Berlinale European Film Market 2020

Cannes, France, May 19 (efe-epa).- Chile will be the featured country at the Berlinale European Film Market 2020, which will allow it to prepare its own...

Chelsea Flower Show features garden by Duchess of Cambridge

London, May 19 (efe-epa).- Green-fingered exhibitors are gearing up for this year’s Chelsea Flower Show in London, which will feature a garden designed by...

Netherlands wins Eurovision Song Contest, Spain comes in 22nd

By Javier Herrero

25Th death anniversary of Jackie Kennedy

By Javier Romualdo

Almodovar gets carried away in Cannes by emotion, memories and kisses

By Alicia García de Francisco

Stars, fans flock to San Juan for Puerto Rico Comic Con

San Juan, May 17 (efe-epa).- The 17th edition of Puerto Rico Comic Con got under way Friday at the San Juan Convention Center, kicking off a busy weekend of...

Almaty, Kazakhstan, May 17 (efe-epa).- Springtime takes on a special meaning along the foothills of the Alatau mountains surrounding the southern Kazakh...

I agree Welcome to news4europe.eu. We use cookies to improve your online experience. Find out more.