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NEWSFLASH FROM SOTHEBY’S.

Sotheby’s sold a Self Portrait by Edouard Manet  for £22,441,250 tonight, eclipsing the previous auction record for the artist – a record which has stood for 21 years.  As one of the great masterpieces by the father of Impressionism, the sale of Manet’s Self Portrait with a Palette represented a very rare and special acquisition opportunity and collectors responded.  Painted circa 1878/9, at a point when Manet was enjoying unprecedented critical acclaim, the extraordinary portrait brings all the qualities that mark him as one of the greatest, and most influential, painters not only of his day but of all time.
 
Two further works have also sold for prices of more than £10 million this evening:

  • André Derain’s Arbres à Collioure sold to an anonymous telephone bidder for £16,281,250, having attracted strong bids from a number of potential buyers.  This price establishes a new record for this artist also, as well as a record price for a Fauve painting at auction.  This came from the long lost trove of Ambroise Vollard, which had lain forgotten in a Paris bank vault for 40 years.
  • Completely fresh to the auction market, Henri Matisse’s Odalisques jouant aux dames sold for £ 11,801,250.  Created during the artist’s most accomplished period as a colourist, it is an iconic work painted in Nice in 1928.  The price achieved tonight is testament to its calibre and place among some of the artist’s most colourful and desirable works.
     
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