ART MARKET WATCH
by Andrew Decker
In its evening sale of Impressionist and modern art on Nov. 2, 2010, Sotheby’s New York
sold Amedeo Modigliani
’s superb 1917 pin-up, Nu Assis Sur un Divan (La Belle Romaine)
, for $69 million, far above the $40 million presale estimate and a new auction record for the artist. The result is more than double the previous price for a Modigliani painting, $31.3 million paid for a portrait of the artist’s wife, Jeanne Hebuterne
, in November 2004.