One of the richest men in China would have bought on Tuesday a masterpiece by Vincent Van Gogh for nearly $ 62 million, becoming the last tycoon.
Wang Zhongjun, president of the famous film studio Huayi Brothers, bought Still life of Van Gogh titled, Vase with Daisies and Poppies (1890) $ 61.8 million according to the new Shanghai The paper’s website.
The painting, which was auctioned by Sotheby’s in New York, was assessed between 30 and 50 million.
The acquisition of Chinese businessman sensation on the international art scene.
In 2013, Wang Jianlin, the real estate mogul at the head of Wanda Group invested $ 28 million in a painting by Pablo Picasso “Claude and Paloma” (1950), more than double the official estimate.
At the time, the company has been living critical of this extravagant purchase with some Chinese netizens questioning the patriotism of Wang and the value of the painting.
Wang Zhongjun has also been criticized on Wednesday.
“The picture of a mad bought by another crazy,” wrote a user on SinaWeibo.
Another posted: “Here’s how it spends the money of investors, What a waste!”.
Meanwhile, sculptures by Alberto Giacometti and Amedeo Modigliani just been awarded $ 101 million and $ 70.7m, which is the biggest sale at Sotheby’s, with the Head of Modigliani setting a record in the auction for this artist .
The sale of Impressionist and modern art totaled the sum of 422.1 million dollars, equivalent in practice to estimate the pre-sale of $ 423 million for 73 works, 80% were sold.
The sculpture was a long climb before reaching dizzying sales, with 12 rooms for a total of $ 191 million, the top lot “Chariot” (1951) a bronze Giacometti Switzerland.
Close to a record for the artist or any sculpture in an auction, the sum of $ 101 million could be the biggest operation carried out during the two weeks of key autumn sales at Sotheby’s and be able to compete with Christie.
Sotheby estimated the truck more than 100 million dollars and the head stone of Modigliani (1911-1912) ever sold at auction for more than $ 45 million. The estimates do not include commission fees of just over 12%.
The record amount was favored by a number of increasingly important collectors globally, said Simon Shaw, co-director of modern art and impressionist sector, Sotheby, who noted that more than 40 countries were represented, “We are seeing at Sotheby’s call very diverse deals since 2004, including the tremendous business in Asia.”
Collectors of the rarest works in the arena of modern and impressionist paintings have much spent.
“The competition is intense and the appetite is big” to these iconic masterpieces, said David Norman, a colleague of Simon Shaw.
Other important facts, Claude Monet’s paintings have reached high amounts, four of the top 10 sales.
The painting “Alice Hoschedé in the garden” was auctioned for more than 33 million against an estimated 25 to 35 million dollars, while the painting “Under the Poplars” was sold 20.3 million (the highest estimate being $ 18 million).
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