Kandinsky painting fetches record $42mln at Sotheby’sJune 22, 2017 - 15:11 AMT PanARMENIAN.Net - A 1913 painting by a Russian master Wassily Kandinsky sold for £33 million ($41.6 million) at Sotheby’s Impressionist and Modern art auction in London. The record price for a work by Kandinsky was broken twice in less than an hour, RT reports. The bidding for “Bild mit weissen linien” (Painting with white lines) which is one of the largest and most colorful works by the artist opened at £23 million. After 13 minutes the oil painting was sold to Hugo Nathan co-founder of Beaumont Nathan art advisory based in London. The painting remained in Russia until 1974 when Cologne collector William Hack acquired it from the Tretyakov State Gallery in Moscow. His descendants put the artwork up for sale. The sum was the second auction record for Kandinsky at the Sotheby’s sale. Only six lots earlier, the 1909 oil on board “Murnau - landschaft mit grünem haus” (Murnau - landscape with a green house) sold at $26.4 million (£18.5 million) against an estimate of $19 million - $31 million (£15 million-25 million). The work which was a result of Kandinsky’s stay in the Bavarian Alps in the summer of 1908, and was first shown at the Royal Albert Hall in London in 1910. It has been in the private collection of the same family since the 1920s. In 1937 Kandinsky wrote about the impact of the Murnau landscapes that were still in his collection: “the colors have to this day remained completely fresh… as though they are still wet. It was not without good reason that I concerned myself so very much with technical matters.” Top stories The creative crew of the Public TV had chosen 13-year-old Malena as a participant of this year's contest. She called on others to also suspend their accounts over the companies’ failure to tackle hate speech. Penderecki was known for his film scores, including for William Friedkin’s “The Exorcist”, Stanley Kubrick’s “The Shining”. The festival made the news public on March 19, saying that “several options are considered in order to preserve its running” Partner news | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |