Painting by Kazimir Malevich sold in new York for $21.2 million

Painting by Kazimir Malevich sold in new York for $21.2 million

NEW YORK, may 17. /Offset. TASS Natalia Slavina/. The painting of Kazimir Malevich “Suprematist composition with a strip projection” became the most expensive lot in the Sotheby’s auction in new York on Tuesday.

About TASS reported in the auction house.

Picture of 1915 was sold for $21.2 million in estimated value from $12 million to $18 million.

#AuctionUpdate: Setting the gold standard: Malevich”s Suprematist Composition from 1915 was sought by 4 bidders, soaring to $21.2 m

— Sotheby’s (@Sothebys) on 17 may 2017.
“Suprematist composition with a strip projection”

Other significant lots — a bronze sculpture of French and German artist max Ernst, which sold for $16 million, which was a record of sales of the sculptural works of one of the most prominent representatives of surrealism. The “battle” for this lot was from among ten potential buyers.

#AuctionUpdate Record for a #MaxErnst sculpture: $16m for Le Roi, from the collection of his friend Robert Motherwell, sought by bidders 11

— Sotheby’s (@Sothebys) 16 may 2017
Work Of Max Ernst

“Today, collectors carefully research the market to find the best of the best — whether sculpture, works of impressionist, modern or avant-garde art, — has commented on results of auction Sotheby’s Simon Shaw. — The current collectors are willing to great deals to become owners of a truly special works of art — that’s why we witnessed such a rush that unfolded around Malevich and Ernst”.

Total evening auction “Impressionist and modern art” auction house Sotheby’s had on Tuesday $173,8 million

Many works of art have been acquired by collectors from Asia and Russia.