Monday 21 April 2014

Record £24.7m for Hopper painting

A 1934 Edward Hopper painting has fetched more than 40 million US dollars at an auction in New York

Edward Hopper's East Wind Over Weehawken has fetched 40.5 million US dollars (£24.7 million) at a sale in New York - an auction record for the artist.

The 1934 work depicts a streetscape of the New Jersey city across the Hudson River from New York.

It had been in the collection of the Pennsylvania Academy of the Fine Arts.

An anonymous telephone bidder purchased the work at Christie's.

The pre-sale estimate was 22 million US dollars (£13.4 million) to 28 million US dollars (£17.1 million).

The painting captures the melancholy of post-Depression life in America, and Hopper considered it one of his best works.

Proceeds from the sale will go towards the creation of a new endowment at the academy for the purchase of artworks.

The previous Hopper record was 26.9 million US dollars (£16.4 million) for Hotel Window.


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