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This is the first time that a work by the Belgian painter has exceeded $100 million.
ART – A new nine-digit record. The Empire of Lightsan emblematic painting by René Magritte, was sold on Tuesday November 19 at Christie’s in new York for $121 million. This is an auction record for the artist, in the centenary year of the movement surrealist.
After about ten minutes of battle at Rockefeller Center, the work was sold for exactly $121,160,000 (commissions and fees included), a record sum for a work of surrealism, which also makes it one of the most expensive paintings of history at auction.
This painting is part of a series of eponymous paintings by the Belgian painter (1898-1967) symbolizing the play of light and shadow that he loved. It represents the paradoxical image of a house at night, lit only by a street lamp, under a blue sky during the day.
A painting that inspired the film The Exorcist
The painting inspired the American director William Friedkin for the famous horror film The Exorcist (1973). It was part of the private collection of Mica Ertegun, an interior designer who fled communist Romania for the United States, where she became an influential figure in the art world. Died at the age of 97 at the end of 2023, she was the wife of Ahmet Ertegun, the music mogul who founded the record company Atlantic Records, known for having signed Led Zeppelin.
The sale of this work was expected to be a highlight of this week of fall sales in New York, while the art market has experienced a slowdown since 2023, after a record festival in 2022 at the release of the pandemic Covid-19.
The previous record for a work by René Magritte sold at auction stood at $79 million in 2022, again for a painting from the series The Empire of Lights.
Christie’s, an auction company controlled by Artémis, a holding company of the Pinault family, announced sales of $2.1 billion in the first half of 2024, down for the second consecutive year after the peak of $4.1 billion reached in 2022.
During the same auction evening on Tuesday, a painting by Ed Ruscha, Standard Station, Ten-Cent Western Being Torn in Halfwas also sold for $68,260,000 million, setting a new auction record for this still living figure of American pop art (86 years old).
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