A Brâncuşi sculpture, "Danaida," which belonged to S. I. Newhouse, a media mogul and one of the world's most significant art collectors, sold for $93 million at Christie's auction on Monday evening. This sale shattered the artist's auction record. Including commissions, the final price reached $107.6 million.
The auction began with an opening bid of $82 million and attracted half a dozen offers before it was sold to a buyer represented by Maria Los, vice president and head of the client consultation department in America. After the sale, applause was heard, according to News.ro.
"Danaida," a bronze head from 1913, was pre-auction estimated at $100 million. This estimate placed it well above Brâncuşi's current auction record.
In 2018, Christie’s New York sold "La jeune fille sophistiquée (Portrait de Nancy Cunard)," a polished bronze and marble sculpture from 1928/32, for $71.2 million. Prior to this, "La muse endormie," a patinated bronze sculpture with gold leaf, sold for $57.3 million in 2017 at Christie’s New York. "Madame L.R. (Portrait de Mme L.R.)," a wooden sculpture, fetched $29.2 million at Christie’s Paris in 2009, and "Oiseau dans l’espace," a marble and stone sculpture, sold for $27.5 million at Christie’s New York in 2005.
"Danaida"
The title "Danaida" draws inspiration from a Greek myth where Danaids, the 50 daughters of Danaus, were condemned to fetch water in a sieve for eternity. This mythological reference adds a layer of depth and intrigue to Brâncuşi’s work.
1-2 sentence opinionated comment in English as a passionate Balkan sports fan. Express a strong take on the topic. End with a question or provocative statement to invite replies. Sound like a real fan, not a journalist. COMMENT: This price tag is unbelievable! Brâncuşi's work continues to amaze, but can we really justify spending such astronomical sums on art? What do you think about the value of art in the modern world?