Historic success for the sale of the Serge Lifar Collection at Hôtel des Ventes

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GENEVA.- Yesterday’s auction at the Hôtel des Ventes in Geneva was not only memorable but also historic, as the Serge Lifar collection was sold for CHF 7,250,000, 7 times the estimate and a record for the Genevan auction house. The works of the greatest artists of the XXth century were on display in this remarkable ensemble. They were all works of outstanding provenance, many with the stamp of the Serge Lifar collection or dedications by the artists. The sale of 46 lots of work by Jean Cocteau was the standout event, selling for a total of CHF 2,716,000 (EUR 2,241,000; USD 2,925,000). The authenticity of these works was confirmed shortly before the auction by the Cocteau Committee. The exceptional ensemble of 48 drawings for Opium was sold to the collection of Jean-Claude Vrain, bookseller in Paris for more than a million Swiss francs (lots 489 to 492A). A similar success was achieved for the completely unpublished not