Amedeo Modigliani

The largest painting by ever made by Amedeo Modigliani (1884-1920) became the fourth most expensive work of art ever sold at auction in New York last night, but it still sold below estimate.

An art dealer is among those under investigation over a collection of Amadeo Modigliani paintings which have been denounced as fakes.

In a difficult evening sale of Impressionist and Modern art at Christie’s, Amedeo Modigliani’s (1884-1920) portrait of Madame Hanka Zborowska was one of few highpoints.

It was a pretty short sale. Sotheby’s evening sale of Impressionist and Modern art auction last night offered just 27 lots and took less than 90 minutes to complete.

Christie’s latest cross-category sale entitled The Artist’s Muse set the second highest ever auction price for a work of art when Amedeo Modigliani’s Nu couché (Reclining nude) sold at $152m (£104.8m).

Christie’s have announced a major highlight for the upcoming New York auction series. They are offering Amedeo Modigliani’s Nu couché (Reclining Nude) which they have estimated at in excess of $100m.

IT may have been an exceptional piece that generated an equally exceptional level of presale interest but, even still, few people present at Christie's Paris for the sale of Amedeo Modigliai's (1884-1920) Tête were expecting it to become the most expensive work of art ever sold at auction in France.

HAVING spent millions of pounds revamping their Bond Street flagship saleroom, could Bonhams (19.5/12% buyer’s premium) succeed in attracting the sort of prestigious consignments of Modern and Contemporary art which are going to be the life-blood of any successful international auction house in the early 21st century?