11/12/2015
Amedeo Modigliani’s “Nu Couché” (1917-18) sold for $170.4 million with fees at Christie’s New York on November 9, 2015.
It was the second-highest price paid for an artwork at auction.
The seller of the Modigliani, Laura Mattioli Rossi, the daughter of the Italian collector Gianni Mattioli, was guaranteed at least a $100 million minimum price.
The buyer was Liu Yiqian, a former Chinese taxi driver turned billionaire art collector. Bidding by telephone, Mr. Liu, 52, was one of six people competing for Modigliani’s 1917-18 canvas, “Nu Couché,” during the auction. The final price of $170.4 million with fees was well above the previous auction record of $70.7 million for a work by Modigliani. With Mr. Liu’s winning bid, the painting became the 10th work of art to reach the elite nine-figure club for works sold at auction. (Robin Pogrebin and Scott Reyburn, Nov. 9, 2015, New York Times)