Piet Mondrian Work Sells for $47.56m to Deliver a 9% Annualized Return
3 min read · 12 May 2025
Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue. Image courtesy of Christie's
Piet Mondrian, Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue (1922) sold for $47.56m, at Christie's in New York on May 12.
The sale beat the previous auction result for this work by $45.21m, equivalent to an annualized return of 9%. It last sold at auction in 1992 for $2.35m at Christie's.
Oil on canvas, 54.0 x 53.3cm. The work has been traded 4 times in the past.
Sale Date | Price | Price Increase | Venue | City |
|---|---|---|---|---|
2025-05-12 | $47.56m | 1924 % | Christie's | New York |
1992-05-12 | $2.35m | - | Christie's | New York |
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