Christie's Auction of Impressionist and Modern Art in London Realises $60.4 Million

Pablo Picasso, Nu assis et joueur de flûte, 1967, which carried an estimate of £3 to £4 million sold for: £3,401,250

A “musketeer” painted by Pablo Picasso was one of the big attractions at an auction of impressionist and modern art at Christie’s held in London, where it sold for 5.7 million pounds ($9.3 million).

The 1969 work, “Homme a l’Epee,” was the second most expensive lot of the session, after Monet’s “Au Parc Monceau,” that went for 6.3 million pounds ($10.3 million).


Published in: on June 24, 2009 at 11:55 am  Leave a Comment  
Tags: , ,

Sotheby's Sale to Include a Rare Manuscript Containing the Earliest Depictions of Joan of Arc

Simon Marmion and the Master of Mary of Burgundy, The Korner Hours

Sotheby’s London sale of Western Manuscripts on Tuesday 7th July 2009 has a combined total sale estimate of £3 million and will include the sale of Medieval Illuminated Miniatures from the Collection of the Late Eric Korner. The highlight of the various-owner sale is a stunningly illustrated manuscript dating to the mid-15th century which has surfaced for the first time in half a century, and which contains three illustrations thought to be the earliest representations of Joan of Arc (lot 26, est. £1-1.5 million). The remarkable manuscript documents the life of one of the most important and powerful emperors in Europe in the late middle ages, Sigismund of Luxemburg (1368-1437), king of Hungary, Germany, Bohemia, Lombardy, and the Holy Roman Emperor. Among the numerous records of battles, attempted poisonings and political intrigue, it includes the earliest depictions of Joan of Arc, who had contact with Sigismund in 1429, immediately before leading the French army against the English which resulted in her capture, trial and martyrdom in 1431.


Published in: on June 24, 2009 at 11:48 am  Leave a Comment  
Tags: ,

Battle of the Picasso paintings

The depictions painted on sucessive days are set to be auctioned

Sotheby’s is selling Homme à l’épée, painted on 25 July 1969, with a suggested price tag of between £6m and £8m at its annual summer sale of Impressionist and modern art.

Christie’s will sell a work of the same title, painted the following day, for between £5m and £7m at its summer sale.


Kustodiev painting sells for £2.8 million, almost three times its low estimate, in Sotheby’s Russian art evening sale

JUNE 8, 2009, Sotheby’s London biannual Russian Art Evening Auction achieved the solid total of £7,906,050 ($12,546,901), within its pre-sale auction estimate of £6,740,000-9,920,000, and was very well-attended. The sale was 63% sold by lot and 73.3% by value, and saw new auction records established for four Russian artists: Isaak Brodsky, Boris Kustodiev, Konstantin Kryzhitsky and Vladimir Lebedev.

Commenting on this evening’s sale, Jo Vickery, Senior Director and Head of the Russian Art Department in London, said: “Tonight’s sale was the first test of the Russian Art Market at Sotheby’s in London this year and we are extremely encouraged by the results established. The prices realised for the rediscovered painting by Brodsky and the work by Kustodiev, both of which set new auction records, demonstrate that the buyers and bidders in this adjusted market are prepared to compete hard for high-quality works that are fresh to the market and rare. This evening’s sale has provided us with valuable information about the Russian art scene in the recalibrated market and we very much look forward to the sales of Russian Art that follow at Sotheby’s this week.”


Published in: on June 16, 2009 at 8:16 am  Leave a Comment  
Tags: , , ,

Sotheby's to Sell the Philippe Guimiot & Domitilla de Grunne Tribal Art Collection

A Fang Mask, Gabon. Estimate: 70,000—100,000 EUR

The success of the sales of African & Oceanic Art in New York on May 15 shows that collectors’ interest in rare objects in this field remains strong whatever the price-level. The two auctions – devoted to the Renée & Chaïm Gross Collection and items of varied provenance – totalled $10.5m, and yielded several world record prices.

On 17 June 2009 Sotheby’s France will present an exceptional sale of tribal art, featuring the personal collection of Philippe Guimiot and his wife Domitilla de Grunne, alongside works from European and American collections.


Published in: on May 29, 2009 at 1:52 am  Leave a Comment  
Tags: , , ,

Sotheby's halts auction of their ‘stolen’ painting from fly tip

Dispute: the Murray family claims Children Under A Palm Tree is their stolen heirloom

A £100 000 painting is at the centre of a dispute between Sotheby’s and the descendants of a British colonial officer.

Winslow Homer’s Children Under a Palm Tree was withdrawn from sale minutes before going under the hammer at Sotheby’s in New York yesterday.


Published in: on May 26, 2009 at 1:31 am  Leave a Comment  

Ferraris Left Unsold After Record-Breaking Testa Rossa Auction

An undated handout image, provided to the media on Monday, Feb. 16, 2009, shows a 1957 Ferrari 250 Testa Rossa

Classic-car specialist RM Auctions is in negotiations to find buyers for several high-value speedsters that failed at its “Ferrari Leggenda e Passione” sale at Maranello, Italy, on May 17.

The final lot, a 1957 Ferrari 250 Testa Rossa, sold to a telephone buyer for 9 million euros ($12.2 million) with fees, a record for any car offered at auction. It had been expected to fetch up to 12 million euros, RM Auctions said before the sale at the Italian carmaker’s factory near Modena. Several other substantially estimated lots failed on the day.


Published in: on May 23, 2009 at 12:32 pm  Leave a Comment  

Rediscovered Masterwork by Russian Artist Isaak Izrailevich Brodsky Spearheads Sotheby's Sale

Isaak Izrailevich Brodsky (1883-1939), Nanny with Children. Estimate: £300 000-500 000

Sotheby’s London is delighted to announce that on Monday, June 8, 2009, as part of its Russian Art Evening auction, it will offer for sale the recently rediscovered oil on canvas painting, Nanny with Children by acclaimed Russian artist Isaak Izrailevich Brodsky (1883-1939), signed in Cyrillic and dated 1912. The painting, which has been considered lost for almost a century, comes from a private collection in Italy – where it has remained since the 1950s – and is estimated at £300 000-500 000.


Published in: on May 20, 2009 at 12:47 pm  Leave a Comment  
Tags: ,

Augusto Giacometti, Cuno Amiet, Paul Camenisch and Ernest Bieler in the Spotlight

Augusto Giacometti, Bergdorf (Haus und Garten in Stampa), estimate  CHF 600 000-800 000 / € 393 000-525 000

Sotheby’s spring sale of Swiss Art will take place in Zurich, at 83 Talstrasse, on Monday 8 June 2009, at 6 p.m. For this auction, Urs Lanter, specialist in charge of the sale, and his team have gathered together 117 works covering 250 years of Swiss art history.

While the sale does include classical artists such as Augusto Giacometti, Cuno Amiet, Albert Anker, Ernest Biéler, Paul Camenisch or Ferdinand Hodler, this spring auction also highlights contemporary artists such as Silvia Gertsch, Xerxes Arch, Niki de Saint-Phalle, Luciano Castelli or Rémy Zaugg.


Sotheby's Geneva Sells Important And Rare Fancy Vivid Blue Diamond For Record $9 488 754

GENEVA, 12TH MAY 2009 – Tonight Sotheby’s spring Magnificent Jewels sale series realised a strong total of $35 762 327 (CHF 39 567 975/ € 26 474 140) and was 76.9% sold by lot and 91.3% sold by value. The centerpiece of the Magnificent Jewels auction series – an important and rare fancy vivid blue, internally flawless, cushion-shaped diamond weighing 7.03 carats from Petra Diamonds’ historic Cullinan mine – realised $9 488 754 (CHF 10 498 500 / €7 024 336) against a pre-sale estimate of $5.8-8.5 million (CHF 6.8-10 million). This total represents the highest price for a fancy vivid blue diamond sold at auction and the record price per carat for any gemstone sold at auction ($1 349 752). The winning bidder, who wishes to remain anonymous, is yet to exercise their privilege to name the stone. The auction series comprised one of the most important private collections to come to auction in recent years, A Celebration of Taste and Style, which achieved a total of $7 116 227 (CHF 7 873 500 / €5 268 001) and was 78.8% sold by lot and 94.6% sold by value, in addition to Sotheby’s third annual Noble Jewels sale, which exceeded its top presale estimate and raised a total of CHF 5 234 300 ($4 730 865 / €3 502 165) and was 87.5% sold by lot and 95.5% sold by value.


Published in: on May 13, 2009 at 8:12 am  Leave a Comment  
Tags: , ,