Cezanne Becomes Most Expensive Artwork Ever Sold

  • Paul Cezanne, The Card Players

    Paul Cezanne, The Card Players

    Wikipedia

Over the weekend, news spread that Paul Cezanne's "The Card Players" was purchased for $250 million by the Qatari royal family from the collection of the late Greek shipping magnate George Embiricos. The staggering price is almost double the previous record for a work of art.

A new Vanity Fair article includes comments from experts who herald the sale as a watershed moment signalling the rise of private sales driven by new buyers from Asia, Russia and the Middle East.

The tiny oil-rich Gulf state of Qatar has been a major player in the international art market for several years, focusing primarily on modern and contemporary masters such as Damien Hirst, Mark Rothko and Andy Warhol.

Sheikha Al-Mayassa bint Hamad bin Khalifa Al-Thani, the 28-year-old daughter of Qatar's Emir, is one of the driving forces behind the country's growing art collection and the Cezanne may be headed to the Qatar National Museum.

A pre-cursor to the cubist movement, "The Card Players" is the last of five studies painted by Cézanne between 1890 and 1895 in and around the family estate in Provence. The other four works are in museum collections.

A Jackson Pollock held the previous record for most expensive painting when it sold privately in 2006 to Mexican financier David Martinez for $140 million.

More News Feed Headlines

Stay in the recreated Van Gogh's Bedroom, for $10/per night.

Sleep in Van Gogh's Bedroom After Viewing the Exhibition at Art Institute Chicago

  • February 10, 2016 15:35

Vincent van Gogh’s painting of his bedroom in Arles is arguably the most famous chambre in the ...

Read More

The fake Rothko painting.

Knoedler Trial Suspended Right Before Ann Freedman's Testimony

  • February 09, 2016 17:26

After a lunch break on Tuesday in the high-profile Knoedler art fraud trial in U.S. District ...

Read More

A news conference at Ecuador's National Cultural Heritage Institute in Quito

Ecuador Repatriates 567 Cultural Objects From Argentina and Spain

  • February 08, 2016 22:39

Some 567 cultural objects have been returned to Ecuador by Argentina and Spain, according to ...

Read More

The former Knoedler & Co.  gallery

Knoedler's Ann Freedman Settles Out of Court in Rothko Trial

  • February 08, 2016 22:39

Embattled gallerist Ann Freedman settled out of court with the buyers of a fake Mark Rothko ...

Read More

Related Press Releases

Related Events from ArtfixDaily Calendar

 

ArtfixDaily Artwire