Record price paid for Csontváry painting at auction
Image by Judit Virág Gallery
A painting by Tivadar Csontváry Kosztka (1853-1919) fetched a record price for a work sold at a Hungarian art auction on Sunday, according to a report by state news wire MTI.
A buyer paid HUF 460 million - about EUR 1.25 mln - for "Secret Island" at an auction organized by Budapest's Judit Virág Gallery.
The painting, from 1903, is one of only around a dozen of the some hundred works Csontváry produced that is privately owned.
The previous record price paid for a painting at a Hungarian auction was for another Csontváry work which fetched HUF 240 million in 2012.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
