The highlight of last night’s sales was the record auction price for a Piet Mondrian. Composition No. III, with Red, Blue, Yellow and Black, dating from 1929, was expected to bring $15-$25M, but when the action ended the new owner paid $50.6M. The previous record for the artist’s work was $27.6M and that happened just last year. To read the full article, click HERE.
Piet Mondrian “Composition No. III, with Red, Blue, Yellow and Black”