New York market · The Art Newspaper
Matisse leads Sotheby's $303.3m Modern art sale in NYC
Henri Matisse's "La Chaise lorraine" realised $48.4m with fees at Sotheby's Modern art evening sale in New York, which totalled $303.3m. Strong results for Picasso, Van Gogh and Giacometti sustained the sale's momentum.
The Matisse painting served as the sale's flagship lot, commanding significant international bidding and anchoring what proved to be a robust evening for Modern masters. Picasso, Van Gogh and Giacometti works attracted competitive bidding, reflecting continued collector appetite for canonical twentieth-century artists. The $303.3m total reinforces the strength of the primary Modern art market segment, with sales momentum carrying through a crowded auction calendar.
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