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  • Archive for December, 2021

    A GREAT YEAR AT CHRISTIE’S

    Monday, December 20th, 2021

    Sales at Christie’s totalled $7.1 billion in 2021, the highest total for five years. The highest value work sold at auction this year, Picasso’s Femme Assise pres d’une fenetre (Marie-Therese), sold at Christie’s in New York last May for $103.4 million. The auction house achieved $150 million for NFT’s and it was a record year for private sales. Results were +54% versus 2020 and +22% versus 2019. Live and online sales accounted for $5.4 billion and private sales came to $1.7 billion.

    Guillaume Cerutti, Christie’s Chief Executive Officer, commented: “We are pleased with our 2021 achievements. Beyond our auction and private sales results -which are exceptional, Christie’s has also made a breakthrough in new sales formats and categories, NFTS in particular. They have allowed us to showcase works by new emerging and under-represented artists, and to reach out to a new audience of younger clients. We have also made great progress in other priorities, with important investments in Asia and with our commitments to becoming carbon net zero by 2030, and to building and sustaining a more equitable and diverse profile for our company. Growth, innovation and responsibility remain at the forefront of our objectives for 2022.”

    PABLO PICASSO 1881 – 1973 FEMME ASSISE PRÈS D’UNE FENÊTRE (MARIE-THERESE)

    MAGNIFICENT FLOWERS BY ALEX KATZ TO BRIGHTEN DARK DAYS

    Monday, December 20th, 2021
    Alex Katz – Irish 3

    This painting by Alex Katz (b 1927) is from his exhibition at Thaddeus Ropac Seoul Fort Hill which runs until February 5. Founded in 1983 Thaddeus Ropac has galleries in London, Paris, Salzburg and an expanded team in Asia. The second exhibition at Thaddaeus Ropac Seoul centres around the major theme of flower paintings by American artist and includes previously unseen works from his flower series as well as new portraits, whose subjects are depicted in botanical settings. It is the first exhibition in Asia entirely dedicated to the genre, following Katz’s major exhibitions at the Lotte Museum of Art, Seoul (2018), Daegu Art Museum, Daegu (2019) and Fosun Foundation, Shanghai (2020). Katz depicts the flowers in the carefully composed strokes and planes of flat colour that are characteristic of his unique style developed during the 1950s in New York – when Abstract Expressionist painters dominated. Painted larger than life, the flowers exude a quiet but powerful beauty, fully immersing the viewer. Viewers can explore the exhibition online.

    16TH CENTURY MING DRAGON CARPET MAKES €6.8 MILLION

    Sunday, December 19th, 2021
    IMPERIAL DRAGON CARPET MING DYNASTY. 16TH CENTURY

    Only 16 complete Ming Dragon Carpets are known to exist. At Christie’s Exceptional Sale in Paris last month one of the sold for €6,881,000 nearly double its low estimate. It depicts two five-clawed dragons chasing a flaming pearl with scrolling clouds above and rolling waves beneath. Like all Ming carpets, this example was once a dark imperial red which has now faded to a golden yellow.

    Bought by an American couple on their honeymoon in 1920 the carpet would originally have been placed beneath the emperor’s throne in Beijing’s Forbidden City. ‘It is in amazing condition,’ said Christie’s specialist Louise Broadhurst. ‘It’s rare to find one that hasn’t been cut in some way.’

    AN ITALIAN PAINTING WITH PROVENANCE IN IRELAND

    Sunday, December 19th, 2021

    Provenance always adds a level of excitement to sales. In Ireland, where so many records like bills of sale have been lost, the early history of a work is often elusive. It can be impossible to say with certainty who made this or that piece. An Italian Mannerist painting of The Baptism of Christ which came up at Sheppards sale of contents from Seafield House, Donabate, Dublin did offer some interesting provenance. It was once in the collection of Cork Lord Mayor Augustine Roche and came up at his dispersal by Marshs in 1916. The three day sale was originally scheduled for April of that year and it had to be postponed until July because of the Easter Rising. The painting sold for a hammer price of €1,300 at Sheppards.

    THIS ITALIAN MANNERIST PAINTING OF THE BAPTISM OF CHRIST MADE €1,300 at hammer

    IRISH ART MARKET IN A STATE OF RUDE GOOD HEALTH

    Saturday, December 18th, 2021
    Through the streets to the hills by Jack B Yeats

    A hammer price of €160,000  for a small oil by Jack B Yeats at the James Adam sale in Dublin last week is testament to the health of the Irish art market as 2021 draws to a close.  Through the Streets to the Hills measures just 9″ x 14″ and easily sailed past the top estimate of €150,000. Bogland Connemara by Paul Henry made €100,000 and an Aubusson tapestry by Louis le Brocquy made €80,000 at hammer. A Western Lake and Mountain Landscape by Henry made €75,000 and Composition by Evie Hone sold for €46,000.  A Cubist Landscape by Mary Swanzy made €38,000 and Looking Westward by Dan O’Neill made €40,000.At least €12 million euro worth of Irish art changed hands in the winter selling season at Sotheby’s, de Veres, Bonhams, Whyte’s, Morgan O’Driscoll and Adams.  The market is rock solid, rather than frenzied in the way it was before the 2008 crash. At Adams three works by Colin Middleton made hammer prices respectively of €29,000, €25,000 and €23,000. A Bahamas painting by Tony O’Malley made €22,000 and Bird in Blue by Breon O’Casey made €20,000 over a top estimate of €12,000.Art by Basil Blackshaw, William Leech, George Campbell, Donald Teskey, Edwin Hayes, Edward McGuire, F E McWilliam and John Shinnors all sold well at Adams last week. Little Blue Piece, an etched, stained and blown cut glass work by the Cork based Maud Cotter made a hammer price of €2,400 over a top estimate of €1,600.

    Maud Cotter (b.1954) Little Blue Piece. Etched, stained and painted antique mouth blown glass panel,

    A COLOURFUL TREATMENT OF THREE MEN IN A BOAT

    Saturday, December 18th, 2021

    Home to Cuas by the Dingle based artist Liam O’Neill made a hammer price of €14,000 at Morgan O’Driscoll’s off the wall art auction last week.  It is a colourful treatment of three men in a currach returning from a fishing trip.  Cuas is located near Brandon Creek, reputed to be the starting point for St. Brendan to set sail across the Atlantic in the 6th century.

    NILE RODGERS COLLECTION MAKES $1.6 MILLION

    Friday, December 17th, 2021
    Nile Rodgers 1957 Fender Stratocoaster electric guitar made $150,000

    The collection of multi Grammy award winning Nile Rodgers made $1.6 million at Christie’s in New York last night. The 100% sold auction was to benefit the We Are Family Foundation founded by Rodgers and dedicated to the visions of a global family by creating programs that promote cultural diversity. A rare Porsche 911 Slantnose Targa was the top lot of the sale. It made $200,000. It is one of only nine made. A 1957 Fender Stratocoaster solid body electric guitar with gold plated hardware made $150,000. There was competitive bidding from collectors participating from 16 countries via phone, online and in person. 

    Rodgers pioneered a musical language that generated chart-topping hits like “Le Freak,” (the biggest selling single in the history of Atlantic Records) and sparked the advent of hip-hop with “Good Times”. Nile transcends all styles of music across every generation with a body of work that’s garnered him inductions into the Rock & Roll Hall of Fame and the Songwriters Hall of Fame.

    TREASURE TROVE OF ENGLISH AND SCOTTISH LITERATURE SAVED FOR UK

    Thursday, December 16th, 2021
    Robert Burns First Commonplace Book

    The most important Brontë material to come to light in a generation and two of the greatest Scottish manuscripts in private hands are among a treasure trove of English and Scottish literature at the Honresfield Library saved for the nation in the UK. The Friends of the National Libraries (FNL) has just announced that it has successfully raised over £15 million to acquire the historic manuscripts and books which includes manuscripts by the Brontës, Jane Austen, Robert Burns and Sir Walter Scott. FNL will donate every manuscript and printed book to libraries and writers’ houses across the UK so that they are accessible to everyone.

    Earlier this year Sotheby’s announced that the manuscripts, first editions, letters and bindings that make up the legendary Honresfield Library – assembled with passion by self-made Victorian industrialists William and Alfred Law at the turn of the 20th century – were to be offered at auction in a series of three sales starting in July 2021. Working together with the UK charity FNL Sotheby’s agreed to postpone the commencement of the auctions to allow for negotiations for the entirety of the library to be acquired by a consortium of institutions for the nation.

    Following the appeal to public and private donors over the course of the past few months, FNL has successfully raised over £15 million to purchase the library for the nation.

    (See posts on antiquesandartireland.com for May 25 and June 17, 2021)

    IN 2021 SOTHEBY’S ACHIEVED STRONGEST TOTAL IN A 277 YEAR HISTORY

    Wednesday, December 15th, 2021

    It has been a record year at Sotheby’s so far in 2021. Driven by strength and depth of demand and an influx of new collectors the consolidated sales at the company now stand at $7.3 billion. This is the strongest total in Sotheby’s 277 year history.

    With more than 20 sales still to go, Sotheby’s standout year to date results includes auctions with a running total of $6 billion and private sales achieving $1.3 billion. As auctions rebounded and clients responded to a seamless digital and physical experience new sale formats and categories attracted a wider audience. A record number of bidders joined in Sotheby’s sales – 44% them new to the auction house. A rise in quality works coming to the market is meeting strong demand from new and established collectors.

    A view of the white glove sale of the Macklowe Collection, which made $676.1 million in New York in November

    DARWIN’S MICROSCOPE MAKES RECORD PRICE AT CHRISTIE’S

    Wednesday, December 15th, 2021

    The only Darwin Microscope to have ever been offered at auction made £598,500 at Christie’s  in London today. This is a record for a 19th century microscope. It came up at a sale of valuable books and manuscripts. The Gould type microscope by Cary was gifted by Charles Darwin (1809-1882) to his son Leonard Darwin (1850-1943) in 1864. It had since passed by descent through the family for nearly 200 years.