The sum is an auction record for the Dutch artist’s work.
The painting features the geometric style for which the artist became renowned.
The sale price, which includes a 12% buyer’s premium, was more than twice its estimate of $15million to $25 million.
Piet Mondrian’s previous auction record was $27.6 million.
The auction capped two weeks of sales that have brought in record sums of money at both Christie’s and Sotheby’s auction houses.
Christie’s alone took more than $1.3 billion during the course of its two days sales this week.
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