
Restituted Kandinsky and first-time Mondrian lead $289 million Christie's London night
Evening sales total £219 million, about double last year, as bidding concentrates on a few museum-grade works
LONDON — Christie's 20th and 21st Century evening sales in London on Wednesday raised about £219 million ($289 million). That was roughly double last year's equivalent total, though it sat toward the low end of the house's expectations. Wassily Kandinsky's 1907 painting Das bunte Leben sold for £31.56 million after a Nazi-era restitution case. Germany returned it to the heirs of its original owner in 2023. Piet Mondrian's Composition III (1920), at auction for the first time and unseen in public for 25 years, sold for £25.2 million with fees, inside its £20-30 million estimate. Seven artist records were set, including for Bridget Riley and Liubov Popova. Italian coverage noted that the two top lots made up over half the total, and that many lesser lots were withdrawn or unsold. Sotheby's New York opens its Magnum Opus sale series on October 21.
Why it mattersThe sale suggests the top of the art market is recovering, while demand below the trophy tier remains thin.










