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Sotheby's Record-Breaking Modigliani Sale Kicks Off Fall Auction Season

By DNAinfo Staff on November 3, 2010 7:58pm

"Nude Sitting on a Divan (The Beautiful Romanian)" by Amedeo Modigliani sold for a record-breaking $68.9 million at Sotheby's on Tuesday.
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Sotheby's

By Jennifer Glickel

DNAinfo Reporter/Producer

UPPER EAST SIDE — The painting "La Belle Romaine" was the bell of Sotheby's Tuesday evening, bringing in a record $68.9 million — the highest price ever for an Amedeo Modigliani painting sold at auction.

The 1917 portrait, officially titled "Nude Sitting on a Divan (The Beautiful Romanian)," went for well above its $40 million asking price and kicked off New York's fall auction season on a high note.

"It was a great night for Modigliani," Simon Shaw, head of Sotheby's Impressionist and Modern Art Department in New York, said in a statement, adding that the painting elicited spirited bidding from at least five collectors.

Other major works that sold at Tuesday's auction include Henri Matisse's 1942 painting "Dancer in an Armchair With a Checkered Floor," which sold for $20.8 million, and Claude Monet's 1917 painting "Water Lily Pond," which went for $24.7 million.

In total, Sotheby's auctioned off $227.5 million worth of Impressionist and modern art on Tuesday.