Henri Laurens, La Lune. Photo Courtesy of Christie's.
We were asked by the executor of an estate to work with his New York City law firm in the valuation, authentication and sale of a number of major Impressionist, Modern and Contemporary paintings and sculptures acquired in the 1940s and 50s by a prominent family.
The collection included paintings by Pablo Picasso, Paul Gauguin, Camille Pissarro and Alexej von Jawlensky, as well as a major sculpture by Henri Laurens entitled La Lune. A highlight was a 1922 painting by Pablo Picasso entitled Mandoline sur une table, formerly from the collection of Walter P. Chrysler, Jr. and exhibited widely throughout the United States, which achieved a price of $3,106,500. Another highlight was a lush painting of 1884 by Paul Gauguin titled Portrait d’homme which sold for $1,178,500.
Working closely with the family and its various advisors, as well as the auction house chosen for the sale, our firm shepherded this major group of paintings through a series of auction sales.
The Laurens sculpture (above) brought $1,874,500, establishing a world auction record for the artist.