Sotheby’s $241 Million Evening Sale Breaks Record, Led by $59M Gustav Klimt Painting

Published: March 9, 2017 | By: American Luxury Staff

Sotheby’s recent record-setting evening sale, which featured 54 pieces of Impressionist, Modern, and Surrealist art, achieved much more than the $180 million pre-sale expectation. Total sales hit $241 million.

The delirious dollar amount was capped the $59-million sale of the Gustav Klimt painting ‘Flower Garden’; the landscape was purchased by an Asian art collector. The same Sotheby’s employee accepted the winning bid for a smaller Klimt work at his Vienna office, with that piece selling for just under $5.3 million.

The 35 Impressionist/Modern lots in the auction were expected to go for about $160 million, but they eventually toppled that estimate by selling for $219 million. The small offering of Surrealist works also sold above expectations, garnering $22 million, $4 million more than Sotheby’s guessed.

Other iconic pieces sold in the evening sale were a couple of Pablo Picasso paintings, a 1944 portrait of a tomato plant ($20.8 million), and a 1953 black-and-white portrait of a seated woman ($14.8 million). There was also an Alfred Sisley piece depicting a snow scene that sold for $9 million.

Unfortunately, a Salvador Dali work was withdrawn from the sale within the last hour, surely decreasing the possible sale amount in the Surrealist offerings lot.

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