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how is the market cap and valuation of west coast paper mills limited (wstcstpapr) ✌️【Financial Expert】✌️ Free stock selection service with precise predictions of high-potential stocks to help you stay ahead in the market. A René Magritte painting depicting an eerily lit streetscape sold for more than $121 million at a Christie’s auction in New York on Tuesday –– surpassing its$95 million estimateand smashing the auction record for the Surrealist artist’s work.
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how is the market cap and valuation of west coast paper mills limited (wstcstpapr) ✌️【Financial Expert】✌️ Real-time updates on global stock trends and expert market analysis to help you select profitable stocks and grow your wealth effectively. The artwork depicts a house with a single streetlamp in front. The flame from the lamp lights up the entire canvas, including the dark trees –– almost black in color –– in the foreground, while the image is serenely reflected over a pool of water. Above the streetscape, a light blue sky dotted with puffy white clouds stretches to the top of the canvas.
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“The motif is one of the few truly iconic images in 20th century art and the painting, particularly the sky and flickering light in the foreground,” said Max Carter, Christie’s Vice Chairman of 20th to 21st Century Art, in an email to 【 - Free Market Dynamics Reports 】 prior to the sale, adding that the work has an “extraordinary glow in person.”
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how is the market cap and valuation of west coast paper mills limited (wstcstpapr) ✌️【Financial Expert】✌️ Free stock market analysis and real-time data to help you select the best investment portfolio and achieve stable returns. According to Art Basel and UBS’s 2024 Survey of Global Collecting, public auction sales at Christie’s totaled $2.1 billion in the first half of this year –– down 22% the same period last year –– marking the second consecutive year of declining first-half sales.
Christie’s however saw some uplifts in 2024, including in its sale of Asian art as well as total online sales, which recorded a 3% year-on-year increase in global share of bids since 2023.
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how is the market cap and valuation of west coast paper mills limited (wstcstpapr) ✌️【Financial Expert】✌️ Free real-time stock data analysis to help you capture global market trends and steadily grow your capital. Though perhaps best known for his surrealist depictions of bowler hat-wearing men, Magritte spent a period of 15 years exploring the fleeting transition from day to night in landscape painting. He produced a total of 17 oil paintings and 10 gouaches (water-based paintings) that all share the name “L’empire des lumières” –– and each with small alternations between versions.
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“The lamppost’s shadow alludes to the bowler-hatted man, hovering — or haunting — the space that would otherwise be considered a quiet, though eerie, landscape,” she said, in an email.
Zalman added that the timing of the sale is also fitting –– not just because it coincides with thecentennial of the surrealism movement, but that it’s taking place during a “surreal moment in history to be living through.”
“I would also argue that the surrealists’ own time was equally anxiety-ridden,” Zalman said. “There are almost too many parallels.”
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