Share

Modigliani painting sells for €13.5m

Paris - A painting by Italian artist Amedeo Modigliani sold at an auction in Paris on Wednesday for €13.5m, a record for the artist's work in France, auction house Sotheby's announced.

The portrait of his main patron Paul Alexandre done in 1911 and 1912 had up to now been in the hands of Alexandre's family and was estimated at between €5m and €8m.

"There were five bidders on the phone" vying for the painting, Sotheby's said in a statement without giving details of the successful one.

Alexandre met the young Modigliani in Paris in 1907 and up to 1914, he was the only buyer of the artist's work.

Besides the portrait, four drawings by Modigliani which were part of Alexandre's collection were also sold for a total of €900 900.


We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.01
+1.1%
Rand - Pound
23.79
+0.7%
Rand - Euro
20.40
+0.8%
Rand - Aus dollar
12.40
+0.7%
Rand - Yen
0.12
+1.2%
Platinum
925.50
+1.5%
Palladium
989.50
-1.5%
Gold
2,331.85
+0.7%
Silver
27.41
+0.9%
Brent Crude
88.02
-0.5%
Top 40
68,437
-0.2%
All Share
74,329
-0.3%
Resource 10
62,119
+2.7%
Industrial 25
102,531
-1.5%
Financial 15
15,802
-0.2%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders