Never was a Mondrian worth so much: 44 million euros – AD.nl

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15-5-15 – 03:32 Source: Reuters Composition No. III (Composition with Red, Blue, Yellow and Black) © AFP.

At Christie’s auction house in New York is a painting by the Dutch painter Piet Mondrian sold for a record amount.

The artwork Composition No. III (Composition with Red, Blue, Yellow and Black) in 1929 was converted to EUR 44.4 million under the hammer. Never before a Mondrian risking much money.

That amount exceeds every expectation. It was expected namely that the painting would fetch between 15 and 25 million euros.