Tuesday, November 10, 2015

Chinese billionaire buys Modigliani nude for $170m at Christie’s

The billionaire founder of a Shanghai museum paid $170.4m for an Amedeo Modigliani nude at Christie’s in New York on Monday, carrying a night in which global art buyers focused their attention on a few masterworks but left other lots unsold.
The Italian painter’s “Nu Couché (Reclining Nude)” went under auctioneer Jussi Pylkkanen’s hammer for $152m before fees, marking the second-highest price for a work sold at auction and far exceeding the estimate of about $100m.

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