Lost art sells for euro3.5 million at Paris auction

By ANGELA DOLAND (AP) Link to article

Amazing find in a forgotten about bank vault. The bank wanted to collect back fees for renting the vault and came upon this amazing collection of artwork. What a find for collectors everywhere.

Two of the most noteworthy pieces are: “An Edgar Degas brothel scene — a monotype of prostitutes popping Champagne and wearing little besides their stockings — sold for euro516,750. A Pablo Picasso print of an emaciated couple drinking wine and eating bread brought the highest price of the night, euro720,750.” Another highlight of the vault find was a oil portrait of a childhood friend of Cezanne, Emile Zola, and painted by Cezanne. This painting didn’t actually sell yet “because of an error in the bidding process”, Sotheby’s said. This will be a great addition to anyone’s art collection. Keep your eye out for this coming up on auction.

I love these last two paragraphs from the article: The portrait is rare. Cezanne destroyed most of his portraits of Zola “because he didn’t think they were good enough,” said Samuel Valette, Sotheby’s head of Impressionist and modern art in Paris. Zola, whose friendship with Cezanne later soured, complained in a letter about the painter’s perfectionism: “Maybe Paul has the genius of a great painter, but he’ll never have the ability to become one. The slightest obstacle drives him to despair.” The mark of most artists is that the painting is never good enough.

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About Art Collecting and Investment

Providing news about art collectors, collections and investments. Including the how to's, the why's and the where's of art collecting. Wanda Pepin, Christina Madden and Elaine Frenett are all professional artists who keep up on the world of art, while creating amazing works of art themselves.
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