The painting from the 1930´s was sold to an unnamed collector from Asia after it was auctioned in New York this week
A painting of the famous Dutch abstract artist Piet Mondrian was sold for a record $51 million at an auction in New York. According to a report from the BBC on Wednesday, November 16, the artwork was previously sold for $2.15 million in 1983, equivalent to $6.4 million today. The painting known as ´Composition No. II´ was auctioned on Monday at Sotheby’s, the report states.
Talking about the auction of this painting, Julian Dawes, the head of impressionist and modern art at Sotheby’s, said that works by the Dutch artist are seldom seen at auctions. “Quintessential works by Piet Mondrian rarely come to auctions as many are housed in the most prestigious museum collections around the world,”.
The artist was most recognized for his work in abstract, geometric and colorful grid designs. This at the time, the report states, revolutionized the art world.
The bidding for the ´Composition No. II´ was started from $38 million before the anonymous buyer made his record offer of $51 million before closing the bid.
The Dutch artist’s work has had a significant impact not just on the art world, but also on design, architecture, and fashion, the report adds. The artist moved to Paris in 1912 and was highly influenced by the early abstract works of Pablo Picasso and George Braque.
His work contributed to the rise of abstract art in the 1940´s and 1950´s. Mondrian work also highly influenced architecture, design and fashion of the era.
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