2023-11-10 21:22:35
– The Langmatt Museum in Baden sells three Cézannes in New York
Thursday evening at Christie’s in New York, three paintings by Cézanne were sold for the benefit of the Langmatt Museum in Baden, ensuring the future of the establishment.
Published: 11/10/2023, 10:22 p.m. Updated 1 hour ago
Cézanne’s work “Fruits and a Ginger Pot” was one of the lots sold at auction.
AFP
Three paintings by Paul Cézanne, including “Fruits and Ginger Pot” sold for nearly $39 million (35.2 million francs), were sold for the benefit of the Langmatt Museum in Baden, Switzerland, according to Christie’s.
“The sale – a last-ditch solution – was a painful step for us,” admitted Markus Stegmann, the director of this museum which found itself in great financial difficulty, in a press release.
Thanks to the amount of the sale, the future of the museum is assured, “consequently, the foundation and management of the museum are relieved”, specifies a press release from the Langmatt, which has a collection of around fifty remarkable works by Gauguin, Renoir, Pissarro, Monet, Sisley, Degas and Cassatt. He also has six works by Cézanne remaining.
Records
The highlight of the evening, “Le bassin aux nymphéas” (1917-1919) by Claude Monet, estimated at 65 million dollars, went for 74 million. Other individual records were broken Thursday evening: the work of the 20th century American expressionist painter Richard Diebenkornn, “Recollections of a Visit to Leningrad”, was sold for 46 million dollars and “Untitled”, by his compatriot Joan Mitchell , went for 29 million.
In a context of international crises, the auction houses Sotheby’s and Christie’s are delighted with an art and luxury market in excellent health, driven by China and Asia, and “with no indication” of a slowdown following an exceptional 2022 vintage, with more than $16 billion in cumulative sales.
AFP
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