Ferdinand Hodler painting fetches $7.64 million
A painting by Swiss artist Ferdinand Hodler of a view of Lake Geneva sold at auction in Switzerland Monday for 7.13 million Swiss francs ($7.64 million, 5.74 million euros), auction house Sotheby's announced.
The 1904 artwork painted by Hodler (1853-1918) had been estimated to be worth between three and five million Swiss francs.
Also at the auction in Zurich, a work by fellow Swiss artist Albert Anker (1831-1910), known for his portraits of children, sold for a record price for the painter at 6.13 million Swiss francs.
Urs Lanter, director of the Swiss art department at Sotheby's, said the results showed that there was a good market and strong demand "for rare, quality works, previously unreleased on the market and coming from prestigious collections."
© 2011 AFP