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Wednesday
Feb082012

Elizabeth Taylor’s Van Gogh Sells for $16 Million

Oli Scarff/Getty Images(LONDON) -- Late actress Elizabeth Taylor’s artwork sold for far more than expected when her unsigned Vincent Van Gogh piece “Vue de l’Asile et de la Chapelle de Saint-Rémy” sold for $16 million at an impressionist/modern art auction held at Christie’s International in London.

The $16 million purchase price was double the painting’s estimate and was sold to a mystery buyer.  Taylor purchased the Van Gogh painting in 1963 and kept it all her life, hanging it above her mantle, according to the auction house.

The Oscar-winning actress and beauty icon who passed away in March at the age of 79 had acquired a fantastic collection of artwork created by artists like Van Gogh, Pissarro and Degas throughout her legendary career.

Another painting from Taylor’s collection, “Pommiers à Éragny” by Camille Pissarro, also more than doubled its estimated price and sold for $4.6 million. A third, “Autoportait,” by Edgar Degas was estimated to sell for $500,000 but sold instead for $1.1 million.

The works were sold on the first day of a two-day auction of Taylor’s collection. On Wednesday, Christie’s will sell an additional 35 pieces from the actress’s collection, including the works of artists like Renoir, Miro and Magritte.

Copyright 2012 ABC News Radio







ABC News Radio