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HomeBusinessPiet Mondrian Painting Sells For $51 Million Dollar at Sothebys Auction: Video

Piet Mondrian Painting Sells For $51 Million Dollar at Sothebys Auction: Video

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Flickr Sergio Calleja

Piet Mondrian, 1929ith ‘Composition No. II’ from 1930 painting sold for $51 Million at Sothebys auction house.

In his well-known 1917 essay, “The New Plastic Painting,” which promoted abstraction as a means of expressing modern life, Mondrian gave his approach the name Neo-Plasticism. Don’t be misled by Mondrian’s usage of the term “plastic,” which he used to describe the plastic arts, which include forms like sculpture that mold three-dimensional space or, in his case, canvas paintings. European painters have been attempting to depict three-dimensional forms in plausible environments for centuries in an effort to conjure up realistic illusions.

“Pure abstract art becomes completely emancipated, free of naturalistic appearances.”–Piet Mondrian, 1929

And just like that a new auction record is set for Piet Mondrian with ‘Composition No. II’ from 1930 selling for $51 million. The star lot from tonight’s Modern Evening Auction, Mondrian’s masterpiece was painted at the high point of his career and possesses the balance, harmony and “life” that drove the artist to create the most daring compositions of the twentieth century.

Here is the mastery of Mondrian: the more these three paintings are observed, even in photographs, the greater the distinctions become and the more off-kilter the viewer feels.

Our New Your Sale Week continues tomorrow with the Modern Day Auction beginning at 9:30AM ET, followed by Wednesday’s double-header event–The Now and Contemporary Evening Auctions and finally the Contemporary Day Auction on Thursday. Stay tuned! #SothebysNewYork
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Our New Your Sale Week continues tomorrow with the Modern Day Auction beginning at 9:30AM ET, followed by Wednesday’s double-header event–The Now and Contemporary Evening Auctions and finally the Contemporary Day Auction on Thursday. Stay tuned! #SothebysNewYork
View all  357  comments

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