Piet Mondrian
Composition No. III, with Red, Blue, Yellow, and Black, 1929
Found at
Christies,
New York
Impressionist and Modern Evening Sale Including Property from the John C. Whitehead Collection, Lot 6 C
14. May - 14. May 2015
Impressionist and Modern Evening Sale Including Property from the John C. Whitehead Collection, Lot 6 C
14. May - 14. May 2015
Estimate: 15.000.000 - 25.000.000 USD
Price realised: 50.565.000 USD
Price realised: 50.565.000 USD
Description
signed with initials and dated 'PM 29' (lower right); signed again 'P MONDRIAN' (on the stretcher); inscribed 'HAUT N: III' (on the reverse of the artist's frame)
oil on canvas in the artist's painted frame
19 ¾ x 19 ¾ in. (50 x 50.2 cm.)
Artist's frame: 24 x 24 in. (61 x 61 cm.)
Painted in 1929
Michel Seuphor, Paris (gift from the artist, circa 1930). | Alberto Sartoris, Geneva. | Galerie d'Art Moderne, Basel (circa 1950). | Théodore Bally, Montreux (acquired from the above, circa 1950). | Private collection, Europe (acquired from the above, 1971); Estate sale, Christie's, New York, 14 May 1997, lot 9. | Private collection, New York (acquired at the above sale). | Acquired from the above by the present owner, 2009.
oil on canvas in the artist's painted frame
19 ¾ x 19 ¾ in. (50 x 50.2 cm.)
Artist's frame: 24 x 24 in. (61 x 61 cm.)
Painted in 1929
Michel Seuphor, Paris (gift from the artist, circa 1930). | Alberto Sartoris, Geneva. | Galerie d'Art Moderne, Basel (circa 1950). | Théodore Bally, Montreux (acquired from the above, circa 1950). | Private collection, Europe (acquired from the above, 1971); Estate sale, Christie's, New York, 14 May 1997, lot 9. | Private collection, New York (acquired at the above sale). | Acquired from the above by the present owner, 2009.
A top price for Piet Mondrian
This artwork by Piet Mondrian achieved an unexpectedly high price at Christies in New York in May 2015. In the Impressionist and Modern Evening Sale Including Property from the John C. Whitehead Collection auction, the work Composition No. III, with Red, Blue, Yellow, and Black, 1929 sold for USD 50,565,000.00 (€ 45,993,269.06) - well above the upper estimate of USD 25,000,000.00. This high result makes Composition No. III, with Red, Blue, Yellow, and Black, 1929 the most expensive artwork by Piet Mondrian that we have observed at auctions so far.
Ein Spitzenpreis für Piet Mondrian
Dieses Kunstwerk von Piet Mondrian erzielte im Mai 2015 bei Christies in New York einen unerwartet hohen Preis. In der Auktion Impressionist and Modern Evening Sale Including Property from the John C. Whitehead Collection wurde die Arbeit Composition No. III, with Red, Blue, Yellow, and Black, 1929 für USD 50.565.000,00 (€ 45.993.269,06) versteigert – und damit weit über dem oberen Schätzpreis von USD 25.000.000,00. Dieses hohe Ergebnis macht Composition No. III, with Red, Blue, Yellow, and Black, 1929 zu dem teuersten Kunstwerk von Piet Mondrian, das wir bisher bei Auktionen beobachtet haben.
Piet Mondrian - Auction history
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