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Magritte painting fetches $26.8 million in New York
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A reporter looks at Georgia O'Keeffe's 'A Street' (L) and René Magritte's 'Le Principe Du Plaisir' on November 2, 2018 at Sotheby's Auction house in New York. (AFP/Don Emmert)
A
painting by Rene Magritte sold for $26.8 million Monday at a Sotheby's auction in New York, setting a record for a work by the Belgian surrealist.
The painting entitled "Le principe du plaisir" topped the price fetched by "La corde sensible", which was sold in February 2017 in London for $17.9 million.
Sotheby's had estimated the painting sold Monday as being worth 15 to 20 million dollars. It said seven collectors -- an unusually high number -- bid for it.
Other paintings on offer on the second night of the autumn art auctions in New York also surpassed their estimated value.
"Improvisation on Mahogany" by Russian-born Wassily Kandinsky, fetched $24.2 million, compared to its pre-sale estimate of 15-20 million dollars.
Read also: Abstract Zao Wou-Ki painting fetches $65m: Sotheby's
A painting that was supposed to be one of the main attractions of the auction failed to lure a buyer.
It was Marsden Hartley's "Pre-War Pageant", considered to be one of the first totally abstract works in the history of American art.
It was estimated at $30 million, nearly five times the record for that US painter.
On Sunday, the Vincent Van Gogh Painting "Coin de jardin avec papillons", estimated at $40 million, went begging at a Christie's auction of Impressionist and Modern art.
The fall art auctions continue through Thursday evening.
