Van Gogh work sold for $111 million

Laboureur Dans Un Champ (above) by Vincent van Gogh was valued at US$50 million, or about S$68.1 million.
Laboureur Dans Un Champ (above) by Vincent van Gogh was valued at US$50 million, or about S$68.1 million.PHOTO: CHRISTIE'S/INSTAGRAM

NEW YORK • A painting of a ploughman tilling the soil has harvested a rich picking.

On Monday, Christie's kicked off the autumn auction season in New York with the Vincent van Gogh work fetching US$81.3 million (S$111 million) amid robust sales of Impressionist and modern art.

Laboureur Dans Un Champ, painted by the tortured Dutch genius from the window of a French asylum where he had committed himself, was sold to a buyer on the telephone after a frenzied four-minute bidding war. It had been valued at US$50 million.

Van Gogh began the painting in late August 1889 and completed it on Sept 2, the first time he picked up his brushes for a month and a half after an epileptic fit. He died the following year.

The price obtained was a hair's breath from the auction record for a van Gogh, set in 1990 at US$82.5 million for Portrait Of Dr Gachet, although that price would be higher if adjusted for today's inflation.

The other highlight was Contraste De Formes, a 1913 Fernand Leger abstract that scored US$70 million, setting a new world auction record for the artist, the auction house said.

Rene Magritte's L'empire Des Lumieres - a nocturnal bourgeois street scene - was sold for US$20.56 million, which Christie's said was a world auction record for the Belgian surrealist. Painted in 1949, it was the first of 17 versions of the picture that Magritte produced in oil paint over the next 15 years.

Christie's said its flagship evening sale of Impressionist and modern art netted a total of US$479 million.

Pablo Picasso holds the world record for the most expensive piece of art ever sold at auction. The Women Of Algiers (Version O) got US$179.4 million in 2015.

The star lot in New York's art auctions this month is Salvator Mundi, a painting of Jesus Christ by Leonardo da Vinci. It goes under the hammer today.

AGENCE FRANCE-PRESSE

A version of this article appeared in the print edition of The Straits Times on November 15, 2017, with the headline 'Van Gogh work sold for $111 million'. Print Edition | Subscribe