Christies has just had another record-setting sale. At Christie’s New York sale, a Henri Matisse bronze of a nude woman seen from behind fetched more than $48 million setting a record auction price for the artist’s work. The 6 foot bronze sculpture “Back IV”, which had a pre-sale estimate of $25 million to $35 million, was purchased by Gagosian Gallery Inc. According to Christie’s it was also the first time that one of the colossal bronzes was brought under the hammer. The sculpture of a woman leaning on a wall as seen from behind is from Matisse’s Back series of life-size relief sculptures. Matisse is said to have created a series of four of the bronze reliefs from 1908 to 1931. The singular pattern of the works is a woman leaning against a wall seen from behind.
A collector’s piece, the price fetched by the bronze sculpture shows the demand for the works of Henri Matisse.