Strong Sale of Impressionist and Modern Art at Sotheby’s Brings $227.6 Million

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NEW YORK, NY.- Yesterday’s sale of Impressionist and Modern Art at Sotheby’s in New York brought a strong total of $227,561,000, comfortably within the pre-sale estimate of $195/266 million.* The sale was led by the record-setting price brought by Amedeo Modigliani’s Nu assis sur un divan (La Belle Romaine) — $68,962,500 — which was well above expectations and the strongest price achieved in this category at Sotheby’s in New York since May 2006.** Four works sold for more than $15 million and 38 sold for over $1 million. Sotheby’s sales of Impressionist and Modern Art continue today at 10 am and 2 pm. “We are delighted with the results of our sale, which build on the success of the past year, and are our best in this category in New York since May 2008,” said Simon Shaw, Head of Sotheby’s Impressionist and Modern Art Department in New York. “It was a great night for Modigliani. L