Modigliani painting auctioned for $157 million in New York US AUCTIONS

Modigliani painting auctioned for $157 million in New York

15 de mayo de 2018

New York, May 14 (efe-epa).- The painting "Nu couché" produced by Italian artist Amadeo Modigliani in 1917 was sold on Monday for $157.2 million by Sotheby's auction house, marking the second highest price for one of his works.

The painting was considered the highlight of the first day of the art auctions organized by Sotheby's and Christie's auction houses, which will last until Thursday.

With the starting price set at $125 million, hardly any offers came up in an auction that lasted less than three minutes.

The painting was finally sold at a hammer price of $139 million.

The final price of $157.2 million, which includes the premiums that the buyer must pay as part of the total purchase price, is below the $170.4 million fetched by another nude painting by Modigliani in 2015 at an auction organized by Christie's.

The record high price for an artwork sold in an auction is still held by "Salvator Mundi" by Leonardo Da Vinci, sold for $450 million by Christie's on Nov 15, 2017.