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Wednesday, 7 November, 2001, 14:01 GMT

Unicef art auction breaks records


Leger's Le Moteur
Le Moteur shows the influence of cubism in 1918
An auction of impressionist and modern art in New York has raised more than £70m for the United Nations Children's Fund (Unicef).

Christie's sold 25 pieces, collected by art lover Rene Gaffe during the 1920s, to raise the money for Unicef on Tuesday.

Portrait de Madame K by Joan Miro
One lot, the 1918 abstract painting Le Moteur by Frenchman Fernand Leger, set a world auction record for the artist of £11.4m.

A Christie's spokeswoman said of the painting: "It's very typical of his style, it's very, very mechanical with blocks of colour - you can see the cubism influence throughout the canvas."

Spanish surrealist Joan Miro made a major contribution to the fund, when his Portrait de Madame K also broke the artist's sale price record, fetching £8.6m.

And a bronze sculpture by Picasso also broke records, selling for almost £3.4m - the highest price paid at a world auction for a Picasso sculpture.

Surrealist champion

Collector Gaffe, who died in 1968, began his career as a journalist in his native Belgium and was founder of L'Echo Belge, a Belgian French-language daily.

Picasso sculpture
He made his fortune in the perfume business but became a champion of Surrealist and Dada literature and art.

While collecting art he befriended many great artists including Picasso, Magritte, Miro and Ernst, as well as the writers Paul Eluard and Andre Breton.

Mr Gaffe's collection was bequeathed to Unicef by his second wife, Jeanne, who died in October 2000.

A total £74.5m was raised at the auction.


Related to this story:
Fine art season kicks off (14 Nov 01 | Arts) Sotheby's downgraded to junk status (16 Jul 01 | Business) Auction houses merge (13 Jul 01 | Business) Phillips steps up auction house rivalry (07 May 01 | Business) Auction bosses face conspiracy charges (02 May 01 | Business) Top auctioneers accused of price-fixing (02 May 01 | Americas) Auction house cases dropped (30 Jan 01 | Americas)


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