That was emphatically true for Modigliani, whose prices have for years lagged behind peers like Picasso and Monet. On that occasion it was placed at auction by the casino mogul Steve Wynn. Simon Shaw, Sotheby’s worldwide co-head of the impressionist and modern art department, said it “reimagines the nude for the modern era”. However, last nightSotheby’s confidently put the highest estimate ever placed on a work of art at auction. Modigliani expert Kenneth Wayne told Artnet News the colt was so named for an association with “excellence and success”.

Source: The Guardian May 15, 2018 00:45 UTC