Modigliani Nude Fetches 157 Million At Ny Auction

Modigliani Nude Fetches 157 Million At Ny Auction

NEW YORK - A nude portrait by Amedeo Modigliani sold for $157.2 million at Sotheby's on Monday, achieving the 4th-highest price for any work of art a

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NEW YORK – A nude portrait by Amedeo Modigliani sold for $157.2 million at Sotheby’s on Monday, achieving the 4th-highest price for any work of art at auction but failing to set a new record for the artist.

Sotheby’s had estimated “Nu couché (sur le côté gauche)” to sell for in excess of $150 million, which made the 1917 oil painting the highest-estimated work of art in auction history.

But in merely meeting expectations and failing to set a record even for a Modigliani, the canvas fell short of a handful of recently auctioned trophy works, most notably Leonardo da Vinci’s “Salvator Mundi,” which soared to $450.3 million at rival Christie’s in November after several top-tier collectors competed furiously.

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