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Gauguin Painting Sells for $19.2 Million

Paul Gauguin's lovely "Deux Femmes''  sold for 11 million pounds ($19.2 million) at Sotheby's London. The painting was the most expensive lot in the Impressionist sale. The Gauguin went to a telephone bidder. The auction also included eight paintings from Edvard Munch which sold for a total of 16.9 million pounds, including commission. Joan Miro's gold-and-blue picture of a bird under a sickle-shaped moon was the number two lot at  4.6 million pounds. The prices seems to indicate that the Impressionist market is continuing to thrive. Bloomberg notes that European impressionists including Gauguin gained 17 percent last year, while contemporary art rose 13.8 percent.

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