A Piet Mondrian Painting Sold for a Record Breaking $51 Million at Auction
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A Piet Mondrian composition sold for $51 million during Sotheby’s evening sales on Nov. 14, a historic auction record for the Dutch artist.
Surpassing Mondrian’s previous benchmark, when a 2015 Christie’s auction realised $50.5 million for a 1929 painting, the Sotheby’s sale was the first time Mondrian’s 1930 Composition No. II appeared at auction since 1983 when it sold for $2.15 million, at the time an artist record for Mondrian.
Read the entire story here.