Picabia Sees Record in Sotheby’s First Surrealism Sale – ARTnews.com

On Wednesday, Sotheby’s staged its first sale dedicated to Surrealist art. Held at the house’s Paris headquarters, the sale was a success, bringing in €33 million ($36.7 million) with premium, across 23 lots. The auction saw a near-perfect sell-through rate, with only one lot unsold, and achieved a total hammer price of €27.1 million ($30.1 … Read more

Francis Picabia Sells for Record $11 M. at Sotheby’s—and More Art News – ARTnews.com

To receive Morning Links in your inbox every weekday, sign up for our Breakfast with ARTnews newsletter. The Headlines AUCTION ACTION. A 1929 painting by Francis Picabia that dealer Léonce Rosenberg commissioned for his Paris abode went for €10 million (about $11 million) during a sale of Surrealist art at Sotheby’s in the French capital … Read more