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boards limited (538961) ✌️【Market Insights】✌️ Professional advisors provide accurate market predictions with real-time stock indices, exchange rates, and futures data to help you seize investment opportunities and grow your capital. 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.

boards limited (538961) ✌️【Market Insights】✌️ Precise stock market trend analysis with expert insights into global markets, including stock indices, metals, and energy sectors. Leverage our data-driven predictions to maximize your returns. As one of the largest paintings in a succession of 27 works all titled “L’empire des lumières” (“The Empire of Light”), the 1954 canvas is well known among 20th century art experts for its scale, pristine condition and subtle details.

boards limited (538961) ✌️【Market Insights】✌️ Expert analysis of global stock trends, futures data, and real-time stock market quotes to help you plan your next investment move. The auction house described the artwork as the“crown jewel”of its former owner, the late American interior designer Mica Ertegun’s, collection –– part of which went on sale Tuesday. The auction also featured paintings by other modern giants like Ed Ruscha and Max Ernst.

boards limited (538961) ✌️【Market Insights】✌️ Free real-time global stock trend updates to help you capture market movements and make better investment decisions. 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.

boards limited (538961) ✌️【Market Insights】✌️ Professional investment advice with real-time updates on stock indices and futures data. Stay ahead with expert predictions and market insights. The painting has been praised for its unique ability to juxtapose a nocturnal landscape and daylight –– a surrealist motif that Magritte explored in his landscape paintings for almost two decades.

“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 Expert-Led Investment Training 】 prior to the sale, adding that the work has an “extraordinary glow in person.”

boards limited (538961) ✌️【Market Insights】✌️ Free break-even services and stock analysis to help you recover quickly from losses and increase your chances of making profitable investments. The selling price, which smashed estimates, marks a bright spot amid a slowdown in global art sales and an art marketmarred by economic uncertainties.

boards limited (538961) ✌️【Market Insights】✌️ Real-time global stock market trend analysis to help you identify profitable opportunities and improve your investment strategies. Two other Magritte works were included in the sale: The paintings “La cour d’amour” and “La Mémoire,” which sold for $10.53 million and $3.68 million, respectively. Elsewhere, a still life by 87-year-old British artist David Hockney fetched over $19 million.

boards limited (538961) ✌️【Market Insights】✌️ Expert predictions on stock market movements with real-time data, ensuring you can make quick decisions and capture market opportunities. 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.

boards limited (538961) ✌️【Market Insights】✌️ Free access to real-time stock indices, futures data, and market predictions to help you select high-return stocks and build a profitable portfolio. A recent 20th and 21st century art sale in Hong Kong saw works by Claude Monet and Vincent van Gogh fetching pricesclose to and below estimates–– a sign that buyers are still cautious.

boards limited (538961) ✌️【Market Insights】✌️ Professional stock market predictions and analysis with real-time data to guide your investment decisions and ensure steady growth. 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.

boards limited (538961) ✌️【Market Insights】✌️ Free stock selection service with expert predictions and real-time market insights, providing you with the best investment strategies for long-term success. The paradoxical paintings rose in demand, particularly when a large version created in 1954 was featured in the Belgian Pavilion at the Venice Biennale and was sold to famedcollector Peggy Guggenheim. Magritte went on to create three similarly large canvases — including the one that sold Tuesday — that same year so as not to disappoint other collectors.

boards limited (538961) ✌️【Market Insights】✌️ Real-time updates on global stock trends and expert market analysis to help you select profitable stocks and grow your wealth effectively. When asked about the comparatively subtle surrealism of the “L’empire des Lumières” works, Sandra Zalman, an art history associate professor at the University of Houston, argued that the lamppost was an early iteration of the iconic bowler-hat man.

“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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