A painting by Paul Cézanne owned by the billionaire magazine publisher S. I. Newhouse Jr. sold for $59.3 million on Monday night at a Christie’s sale of Impressionist and modern art, New York Times reported.
The work of the French painter, dated 1888-1890, was the most expensive at the auction. The collector also acquired Vincent van Gogh’s 1889 painting, “Arbres dans le Jardin de L’asile (Trees in the Garden of the Asylum),” from Gagosian Gallery of New York in 2004. The painting was sold to another telephone bidder for $40 million against a low estimate of $25 million.
The other potential trophy of the evening was the Amedeo Modigliani limestone sculpture “Tête,” dating from about 1911-12, which was sold at a price of $70.7 million in 2014.
The works of Pablo Picasso (1881-1973), Pierre-Auguste Renoir (1841-1919), Henri Matisse (1869-1954), Edgar Degas (1834-1917), Claude Monet (1840-1926) and others also were also sold at the auction.
Overall, Monday’s sale raised $399 million from 63 lots, of which 14 percent were unsold.