February 24, 2009

YSL Auction: $206 Million on Night 1

Global recession? Not at the Christie's auction of the artwork collected by designer Yves Saint Laurent and his partner, Pierre Berge. There are still two more auction evenings remaining. It will be interesting to see what those bring. The highest price ever for a Matisse was paid last night for a still-life of cowslips in a vase, Les coucous, tapis bleu et rose at €39.5 million! The estimate was €12-18 million.
The painting, Instruments de Musique sur un GuĂ©ridon, by Pablo Picasso, with an estimate of €25 to 30 million, failed to attract any bids at all.

What strange times these are.


  1. I have $85 for it. $85 going once...

    Do you know why Berge is selling everything off? I know why he said he's selling, but I figured there had to be another reason. Any guesses?

  2. This is one of the rare times an historical sale is not filled with glorified, albeit historically significant, junk.

  3. So interesting on the Picasso non sale vs the Matisse powerful sales price for the art world!

  4. If only I could have made it to Paris this week--I could bought the Picasso! Strange days these are, but we have to keep plugging away...thanks for giving us something to help the day go faster!


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