11.02.2010

Sotheby's Sets New Record for Artist Modigliani at Auction



As everyone will read tomorrow in the papers...

Tonight at the Impressionist and Modern Evening Sale at Sotheby's, Amedeo Modigliani's La Belle Romaine from 1917 set a new record for the artist at auction selling for $68.9 million dollars.

A bevy of bidders after the $5 million mark made the work soar past the $40 million estimate and into a new record. The final price was over four times the $16.8 million paid for the painting over a decade ago at another Sotheby's sale.

Updates will continue as the sales progress!! Great start to an exciting week...

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