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    A BILLION DOLLAR WEEK AT CHRISTIE’S

    Thursday, May 14th, 2015
    Mark Rothko - Number 10 sold for $81.9 million

    Mark Rothko – Number 10 sold for $81.9 million

    An $81 million Rothko and a record breaking Freud brought Christie’s to a benchmark in art auction history last night – the first $1 billion week for the art world.  The Post-War and Contemporary art sale in New York last evening made $658,532,000. The top lot of the sale was Rothko’s No. 10, an ethereal masterpiece by the artist from 1958 which made  $81,925,000.  Seven collectors, including clients from the U.S., Europe and Asia, chased the painting past the $50 million dollar mark.

    Lucian Freud - Benefits Supervisor Resting made a world record $56,165,000

    Lucian Freud – Benefits Supervisor Resting made a world record $56,165,000

    Lucian Freud’s Benefits Supervisor Resting sold for the world auction record price of $56,165,000. The previous artist’s auction record of $33.6 million, set at Christie’s London in 2008. The square-format depiction of Freud’s model Sue Tilley, which drew in viewers to Christie’s presale exhibitions in Hong Kong, London and New York, had never been offered at auction before. Four bidders chased the work up and over the $30 million mark.

    The stellar collection assembled by art world figures Ileana Sonnabend and her daughter Nina Sundell gave the sale a lively start. All nineteen works found buyers and the group totalled $60.1 million.

    There were eight artist world auction records: Freud; Robert Ryman ($20,605,000); Robert Rauschenberg ($18,645,000); Giovanni Anselmo ($6,437,000);  Hans Hofmann ($6,325,000); Sturtevant ($5,093,000); Rudolf Stingel ($4,757,000) and Carroll Dunham (4509,000).

    (See posts on antiquesandartireland.com for April 22, April 17  and April 15, 2015).

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    MALEVICH’S SUPREMATISM, 18TH CONSTRUCTION AT SOTHEBY’S

    Wednesday, May 13th, 2015
    Kazimir Malevich (1879-1935) Suprematism, 18th Construction

    Kazimir Malevich (1879-1935)
    Suprematism, 18th Construction  UPDATE: THIS SOLD FOR £21.4 MILLION

    Kazimir Malevich’s  Suprematism, 18th Construction of 1915 will be a highlight at Sotheby’s Impressionist and Modern Art evening sale in London on June 24.  At auction for the first time – a century after it was painted in 1915 – the work comes from the artist’s family.  Estimated at £20-30 million it is being shown in New York and Hong Kong before the sale.

    “In the last 25 years only three major works by Malevich have been sold at auction, the most recent of which was sold in 2008 at Sotheby’s New York for a record $60 million. Suprematism, 18th Construction shares the same exceptional provenance and we are honoured to have been entrusted by the artist’s family once more. Appreciation for works by Malevich is now more global than ever before, and with so few of these rare early Suprematist works remaining in private hands, the sale presents one of the last opportunities to acquire one” said Helena Newman, co-head of Sotheby’s Impressionist and Modern Art.

    The work was a highlight at the Tate retrospective in London.

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    KARLA BLACK AT IRISH MUSEUM OF MODERN ART

    Wednesday, May 13th, 2015
    Karla Black, Practically in Shadow, 2013, Plaster powder, powder paint, florist foam, bath bombs, nail varnish, polythene, thread, cellophane, sellotape. Hanging element: 840 x 870 x 80 cm Floor element: 160 x 1200 x 670 cm. Overall dimensions variable. Installation view, Institute of Contemporary Art, University of Pennsylvania, 2013. Photo: Aaron Igler/ Greenhouse Media

    Karla Black, Practically in Shadow, 2013, Plaster powder, powder paint, florist foam, bath bombs, nail varnish, polythene, thread, cellophane, sellotape. Hanging element: 840 x 870 x 80 cm Floor element: 160 x 1200 x 670 cm. Overall dimensions variable. Installation view, Institute of Contemporary Art, University of Pennsylvania, 2013. Photo: Aaron Igler/ Greenhouse Media

    The UK artist Karla Black is showing at the Irish Museum of Modern Art (IMMA) until July 26. Experimenting with ways to float material, form and colour at eye level remains a constant preoccupation in Black’s work.  She is regarded as one of the pioneering contemporary artists of her generation. The 2011 Turner Prize nominee draws from a multiplicity of artistic traditions from expressionist painting, land art, performance, to formalism. For this show she has created seven new site specific sculptures.

    This is the first exhibition under a new three year partnership supporting new art between Matheson and the IMMA.  Matheson is the law firm of choice for international companies and financial institutions doing business in and through Ireland. The firm’s clients include the majority of the Fortune 100 companies. It also advises 7 of the top 10 global technology brands and more than half of the world’s 50 largest banks. Matheson is headquartered in Dublin. Matheson will support around ten exhibitions each year at IMMA.

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    FIRST MAJOR EXHIBITION OF IRISH ART IN LONDON FOR 30 YEARS

    Wednesday, May 13th, 2015
    Still Life, c. 1959 © Norah McGuinness. Courtesy AIB Collection.

    Still Life, c. 1959 © Norah McGuinness. Courtesy AIB Collection.

    The first major exhibition of Irish art in London for 30 years opens today at The Mall Galleries. Featuring over 70 works from 1900 to the present day it draws on the collections of paintings, photography, tapestry and sculpture from the AIB Collection and the Crawford Gallery in Cork.

    Works by open air painters Aloysius O’Kelly, Sir John Lavery and Roderic O’Conor are represented, together with the ‘Dublin Painters’, Sean Keating, Jack B. Yeats, Paul and Grace Henry. Artists who celebrated the Irish way of life, like Harry Kernoff, as well as other experimenters who embraced new styles and themes, including Mary Swanzy, Mainie Jellett and Norah McGuinness, also feature. The contemporary scene is represented with major works by Louis le Brocquy, Colin Middleton, Sean Scully, photographer Willie Doherty and Royal Academician Hughie O’Donoghue. Younger emerging artists such as Shane Blount and Caroline McCarthy demonstrate the strength and depth of Irish art today.

    The Art of a Nation runs until May 31.

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    ROTHKO’S YELLOW AND BLUE SELLS FOR $46.5 MILLION

    Wednesday, May 13th, 2015
    Untitled (Yellow and Blue) by Mark Rothko sold for $46.5 million

    Untitled (Yellow and Blue) by Mark Rothko sold for $46.5 million

    Mark Rothko’s Untitled (Yellow and Blue) made $46.5 million at Sotheby’s in New York last night. It was the top lot in a contemporary art evening sale which realised $380 million and set seven new artist price records.  There was global participation with works consigned from 11 countries and bidders from 40 countries and significant participation from Latin America and  Asia.

    Mark Rothko’s Untitled (Yellow and Blue), which was owned by Mr. and Mrs. Paul Mellon for over 30 years, sold for $46,450,000 to an anonymous client after it was underbid by an Asian private collector.

    Roy Lichtenstein’s The Ring (Engagement) sold for $41,690,000.  The work has had only two owners in 50 years and came from the collection of Stefan T. Edlis. The price is nearly 20 times the $2,202,500 the work fetched when it last appeared at auction in November 1997 at Sotheby’s.

    There were artists records for Christopher Wool, Sigmar Polke, Mark Bradford, Mark Grotjahn, Danh Vô, Thomas Struth and Helen Frankenthaler.

    (See posts on antiquesandartireland.com for May 8 and April 13, 2015).

    Andy Warhol's Superman sold for $14,362,000

    Andy Warhol’s Superman sold for $14,362,000

    Sigmar Polke - Dschungel (Jungle), sold for a new record of $27,130,000

    Sigmar Polke – Dschungel (Jungle), sold for a new record of $27,130,000

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    THE MOST VALUABLE ARTWORK EVER SOLD AT AUCTION

    Tuesday, May 12th, 2015
    Pablo Picasso (1881-1973) Les femmes d'Alger, Version O

    Pablo Picasso (1881-1973) Les femmes d’Alger, Version O Copyright 2015 Estate of Pablo Picasso/Artists Rights Society New York

    Pablo Picasso’s Les Femmes d’Alger (Version 0) sold for $179,365,000 at Christie’s in New York last night to become the most valuable work of art ever sold at auction.  At the same sale Giacometti’s Pointing Man made $141,285,000 to become the most expensive sculpture ever sold at auction. Both featured at Christie’s Looking Forward to the Past, a curated auction that achieved a staggering $705,858,000. There were new world auction records for ten works. Of the 35 works offered, two sold for over $100 million, three for over $50 million, nine for over $20 million, 12 for over $10 million and 29 for over $1 million.

    Alberto Giacometti – L’homme au doigt (Pointing Man). Courtesy of Christie’s Images Ltd. 2015/© 2015 Alberto Giacometti Estate/Licensed by VAGA and ARS, New York

    Alberto Giacometti – L’homme au doigt (Pointing Man). Courtesy of Christie’s Images Ltd. 2015/© 2015 Alberto Giacometti Estate/Licensed by VAGA and ARS, New York

    A total of 15,000 visitors viewed the pre-sale exhibition at Christie’s Rockefeller Center galleries over the last 10 days. The auction saw participation from a diverse group of clients representing 35 different countries.

    “From the moment that we announced the sale, global collectors embraced the concept and were prepared to consign masterpieces to the auction. Over 70 percent of the works included in the sale have been shown in major museum exhibitions and the works themselves spanned over 100 years of modernism, beginning with Monet’s Le Parlement of 1901 to Urs Fischer’s wax figure of Rudolf Stingel of 2011,” noted Jussi Pylkkänen, Global President and the sale’s auctioneer. “Christie’s will continue in years to come to innovate more sale concepts that inspire the art collecting public. We have entered a new era of the art market where collectors from all parts of the world compete for the very best across categories, generating record prices at levels we have never seen before.”

    The other eight auction records were for  Chaim Soutine ($28,165,000);  Peter Doig ($25,925,000); Jean Dubuffet ($24,805,000); Jean Michel Basquiat ($13,605,000); Cady Noland ($9,797,000); Robert Delauney ($2,405,000); Diane Arbus ($785,000) and Rene Magritte ($5,429,000) a world auction record for a work on paper.

    (See posts on antiquesandartireland.com for May 7, April 17, April 15, April 10 and March 25, 2011)

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    THOMAS HART BENTON AT OLYMPIA FAIR IN LONDON

    Monday, May 11th, 2015

    Masterpieces by great American painters of the Dust Bowl era from the Rex Sinquefield collection feature as the special guest exhibition at the 43rd Olympia Art and Antiques Fair in London from June 18-28.  Brought to the UK for public exhibition for the first time outside the US, the selection will include paintings and works on paper from seminal artists from American history, including Thomas Hart Benton, Joe Jones, John Atherton, John Rogers Cox and Steuart Curry.  Organisers are confident that the work of these Depression era American masters will prove a revelation to London audiences.

    Highlights include a remarkable self-portrait by Thomas Hart Benton previously featured on the cover of Time Magazine; the magazine declared him ‘America’s Regionalist’ in recognition of his extraordinary portrayals of the American Mid-West. Another masterpiece from Benton,  ‘Flood Disaster’ portrays the aftermath of a devastating flood that struck the western half of the state in 1951.   Here is a sample.

    Thomas Hart Benton - Self-Portrait

    Thomas Hart Benton – Self-Portrait

    Thomas Hart Benton - Flood Disaster

    Thomas Hart Benton – Flood Disaster

    John Steuart Curry - The Ne'er-do-well

    John Steuart Curry – The Ne’er-do-well

    John Atherton - Industrial Landscape

    John Atherton – Industrial Landscape

    Carl Wimar - Jolly Flatboatment by Moonlight

    Carl Wimar – Jolly Flatboatment by Moonlight

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    WEBB, HAMILTON, WILKS AT MORGAN O’DRISCOLL ONLINE SALE

    Monday, May 11th, 2015

    Work by Kenneth Webb, Letitia Marion Hamilton, Maurice Wilks, Dan O’Neill and William Conor feature in Morgan O’Driscoll’s current online art auction.  The sale runs until May 18.  The catalogue, which is online, lists 325 lots.  Here is a small selection.

    Letitia Marion Hamilton RHA (1875-1964) Yellow Country Lane (2,000-3,000).

    Letitia Marion Hamilton RHA (1875-1964)
    Yellow Country Lane (2,000-3,000).  UPDATE: THIS SOLD FOR 2,200

    Maurice Canning Wilks ARHA RUA (1911-1984) Ballynahinch River, Connemara (2,000-3,000).

    Maurice Canning Wilks ARHA RUA (1911-1984)
    Ballynahinch River, Connemara (2,000-3,000).  UPDATE: THIS SOLD FOR 1,800

    Kenneth Webb RWA FRSA RUA (b.1927) Lilly Pond (1,200-1,800)

    Kenneth Webb RWA FRSA RUA (b.1927)
    Lilly Pond (1,200-1,800)  UPDATE: THIS SOLD FOR 1,700

    Daniel O'Neill (1920-1974) Figure and Cottage in Landscape (1,500-2,000).

    Daniel O’Neill (1920-1974)
    Figure and Cottage in Landscape (1,500-2,000).  UPDATE: THIS SOLD FOR 2,400

    William Conor RHA RUA ROI (1881-1968) Portrait of a Lady (Believed to be Ms A Gowing) (2,000-3,000).

    William Conor RHA RUA ROI (1881-1968)
    Portrait of a Lady (Believed to be Ms A Gowing) (2,000-3,000).  UPDATE: THIS SOLD FOR 2,400

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    ROY LICHTENSTEIN’S $50 MILLION ENGAGEMENT AT SOTHEBY’S

    Friday, May 8th, 2015

    In the early 1960’s American art went Pop.  Roy Lichtenstein’s The Ring (Engagement) from 1962 is one of the most subtle and complex works from this period, epitomizing as it does Lichtenstein’s hot and cold approach – hot in his choice of dramatic subject matter, cold in its graphic execution and painted just as his first marriage was ending. Estimated at around $50 million the work comes up at Sotheby’s Contemporary Art evening auction in New York on May 12. It is from the collection of Chicago businessman and philanthropist Stefan T. Edlis. Here is a video from Sotheby’s about it.

    UPDATE: THIS SOLD FOR $41,690,000

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    GIACOMETTI’S DEFINING GESTURE AT CHRISTIE’S

    Thursday, May 7th, 2015

    Giacometti’s L’homme au doigt (Pointing Man) is set to become the most expensive sculpture ever sold at auction at Christie’s curated sale in New York on May 11.  It is widely recognized as one of the most important sculptural achievements of the Modern era. Giacometti conceived the work in 1947 and made just six casts of it plus one artist’s proof. It is estimated at $130 million.  Here is a video from Christie’s about the work.

    UPDATE: IT SOLD FOR $141,285,000 TO BECOME THE MOST VALUABLE SCULPTURE EVER SOLD AT AUCTION

    (See post on antiquesandartireland.com for April 15, 2015).

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