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Pissarro painting sells for $32 million in London

February 6, 2014
Associated Press

LONDON (AP) — A Paris streetscape by Impressionist painter Camille Pissarro has sold for double its top estimate in a week of strong sales at London auction houses.

"Boulevard Monmartre, Spring Morning" from 1897 was bought for 19.9 million pounds ($32.1 million). It had been estimated at 7 to 10 million pounds.

At the same sale Wednesday, Vincent Van Gogh's "Man is at Sea" sold for 16.9 million pounds (27.5 million).

At rival Christie's on Tuesday, Juan Gris' "Nature Morte a La Nappe a Carreaux" ("The Checked Tablecloth") sold for 34.8 million pounds ($56.7 million), a record for the artist and double its pre-sale estimate.

The high-end art market has rebounded from the global financial crisis of 2008, with new buyers from Russia, China and the Middle East helping drive prices higher.

 
 

 

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