LONDON - The Impressionist & Modern Art Evening sale in London realised £121.96 million on the strength of masterworks by Claude Monet, Piet Mondrian, Wassily Kandinsky and Pablo Picasso.

monet-nympheas Claude Monet's NYMPHÉAS sold for £31,722,500

Three of the top four prices achieved in the sale were for canvases by Monet, whose Nymphéas, a 1906 painting from the artist’s famed water lily series, was the centre of a lengthy bidding war between two telephone bidders. The picture ultimately sold for £31.7 million ($54 million), making it the top lot of the evening. Monet’s La Seine à Argenteuil and Antibes, Vue du Plateau Notre-Dame also fetched strong prices, selling for £8.5 million ($14.6 million) and £7.9 million ($13.5 million) respectively.

Piet Mondrian’s 1927 canvas Composition with Red, Blue and Grey, sold for £15.2 million ($25.9 million) above its low estimate. The painting is a highly important example from the 1920s, a period during which Mondrian developed a formal vocabulary that sought to liberate painting from the domination of sensory reception.

Mondrian_013Crop-full Piet Mondrian's COMPOSITION WITH RED, BLUE AND GREY sold for £15,202,500.

A groundbreaking work by Wassily Kandinsky, Herbstlandschaft (Autumn Landscape) , sold for £5.6 million ($9.5 million). Painted in 1911, the vibrant composition of rich yellows, greens, purples and blues represents the artist’s achievement of near-abstraction. Another bright landscape, painted by Edvard Munch and bearing a stellar provenance easily topped its high estimate to bring more than £1 million ($1.8 million).


Several masterful works by Picasso from across his varied oeuvre achieved strong prices including Portrait de Femme, painted in 1937, which sold for £5.3 million ($9.1 million) and L’Atelier, painted in 1962, which sold for £3.6 million ($6 million).

picasso-imps Pablo Picasso's L'ATELIER sold for £3,554,500.