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Piet Mondrian - Composition with Double Line and Yellow (unfinished)

Piet Mondrian

Composition with Double Line and Yellow (unfinished)

Found at Christies, New York
20th Century Evening Sale, Lot 28
17. Nov - 17. Nov 2022
Estimate: XX.XXX
Price realised: XX.XXX
Description
PIET MONDRIAN (1872-1944)
Composition with Double Line and Yellow (unfinished)
oil on canvas
24 1/8 x 19 7/8 in. (61.2 x 50.4 cm.)
Painted in 1934
en de

Auction result well in line with expectations

In November last year Christies in New York held the auction 20th Century Evening Sale, which included the work Composition with Double Line and Yellow (unfinished) by Piet Mondrian. The price achieved of USD 6,300,000.00 (€ 6,102,877.07) was within expectations - the estimate range had previously been set by the auction house as USD 5,000,000.00 – 8,000,000.00. Admittedly, works by Piet Mondrian have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Composition No. III, with Red, Blue, Yellow, and Black, 1929 in May 2015 with an auction result of USD 50,565,000.00 (€ 45,993,269.06).

Auktionsergebnis im Rahmen der Erwartungen

Im November letzten Jahres führte Christies in New York die Auktion 20th Century Evening Sale durch, in der auch die Arbeit Composition with Double Line and Yellow (unfinished) von Piet Mondrian zur Versteigerung kam. Der dabei erzielte Preis von USD 6.300.000,00 (€ 6.102.877,07) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 5.000.000,00 – 8.000.000,00 angegeben worden. Freilich wurden Arbeiten von Piet Mondrian auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Composition No. III, with Red, Blue, Yellow, and Black, 1929 im Mai 2015 mit einem Auktionsergebnis von USD 50.565.000,00 (€ 45.993.269,06).

Piet Mondrian - Auction history

XX.XXX
Piet Mondrian - Gebogen irrigatiegracht grenzend aan boerenerf met Bloeiende bomen (Curved Irrigation Ditch Bordering Farmyard with Flowering Trees)
2024
Gebogen irrigatiegracht grenzend aan boerenerf met Bloeiende bomen (Curved Irrigation Ditch Bordering Farmyard with Flowering Trees)
May 2024
Christies, New York
XX.XXX
Piet Mondrian - Portret van Elisabeth Sophia Maria (Betsy) Cavalini
Portret van Elisabeth Sophia Maria (Betsy) Cavalini
Jun 2023
Christies, London
XX.XXX
Piet Mondrian - Chrysant
Chrysant
May 2023
Christies, New York
XX.XXX
Piet Mondrian - Broadway Boogie Woogie
2023
Broadway Boogie Woogie
Feb 2023
Bonhams

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