Van Gogh's Field of Wild Flowers Fetches $54 Million at Auction

  • Work was owned by Belgian collectors Louis and Evelyn Franck
  • Sotheby's Impressionist, modern sale in New York continues

Vincent Van Gogh’s landscape of a field of wild flowers under billowing clouds fetched $54 million at Sotheby’s in New York.

Van Gogh's Paysage.

Source: Sothesby's

Painted in Arles, France, the 1889 “Paysage sous un ciel mouvemente” had the highest presale estimate -- $50 million to $70 million -- at Sotheby’s evening auction on Thursday of Impressionist and modern art. The Dutch artist’s record is $82.5 million. The auction is continuing.

The work is part of the Belgian collection of Louis and Evelyn Franck, whose 10 artworks in the sale are expected to tally more than $80 million. The group’s other highlights included a “Blue Period” pastel of a nude by Pablo Picasso that fetched $12 million. It had been estimated at $8 million to $12 million.

Earlier in the sale a 1920-1922 painting by Kazimir Malevich “Mystic Suprematism (Black Cross on Red Oval)” brought $37.8 million. It had an estimate range of $35 million to $45 million.

Malevich's Mystic Suprematism

Source: Sotheby's

The work was sold by the artist’s heirs, who won its return after a restitution settlement in 2008 with the Stedelijk Museum in Amsterdam. Since then it has been on view at Solomon R. Guggenheim Museum and Gagosian Gallery in New York.

Before it's here, it's on the Bloomberg Terminal.