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    TIME CAPSULE ART TREASURES AT SOTHEBY’S IN NEW YORK

    Friday, April 5th, 2013

    A time capsule collection of art treasures assembled in the 1950’s is estimated to bring in more than $65 million at Sotheby’s in New York next month.  Seminal works by Paul Cezanne and Amadeo Modigliani are included in the collection of Alex and Elisabeth Lewyt.  The sale of 200 works will benefit a charitable foundation to be established in their name.  They will be offered in a series of Impressionist and Modern Art sales.

    Simon Shaw, head of Sotheby’s Impressionist and Modern Art department in New York, commented:  “The Lewyts’ connoisseurship is reflected in the exquisite quality of works from a roll call of key Impressionist and Modern artists – from Renoir, Degas and Pissarro through Picasso, Braque and Matisse.”

    Paul Cézanne – Les Pommes Painted in 1889-90.($25-35 million). Click on image to enlarge).  UPDATE: THIS SOLD FOR $41,605,000.

    L’Amazone – Painted in 1909. Signed Modigliani ($20-30 million). (Click on image to enlarge).  UPDATE: THIS MADE $25,925,000.

    Auguste Renoir Petite baigneuse ($150,000-250,000). Click on image to enlarge.

    LONG UNSEEN PRE-RAPHAELITE MASTERPIECE AT CHRISTIE’S IN JULY

    Thursday, April 4th, 2013

    SIR EDWARD COLEY BURNE-JONES, BT., A.R.A., R.W.S. (1833–1898) Love among the Ruins (1870– 1873). (Click on image to enlarge).  UPDATE: IT SOLD FOR A RECORD £14.8 MILLION.

    A long unseen Pre-Raphaelite masterpiece by Edward Burne-Jones comes up at Christie’s sale of Victorian and British Impressionist art in London on July 11.  Love Among the Ruins, a meditation on the eternal nature of love, features Burne-Jones’ mistress Maria Zambaco. Christie’s say the five foot watercolour is the most important work by the artist to come to auction since Laus Veneris was sold to the Laing Art Galery in Newcastle in 1971.

    Not seen in public for 50 years the work has been celebrated since it was first exhibited at the Dudley Gallery in London in 1873. Love Among the Ruins established the interational reputation of Burne-Jones when it was shown at the Exposition Universelle in Paris in 1878. It was exhibited at the exhibition which inaugurated the Birmingham Art Gallery in 1885-86,  the Royal Jubilee Exhibition at Manchester in 1887, an annual loan exhibition at the Guildhall, London, in 1892, and in the Burne-Jones’s retrospective exhibition at the New Gallery, London later that year.  The title comes from a poem by Robert Browning. It was damaged in a way the artist considered beyond repair in 1893 while it was being prepared to make a photogravure. He kept it in his studio and repaired it five years later by redrawing the face of Maria Zambaco. Five weeks later he died. Last bought in 1958 for 480 guineas (£500) it is now estimated at £3-5 million.

    MADONNA’S LEGER TO BE AUCTIONED FOR CHARITY

    Thursday, April 4th, 2013

    Fernand Léger Trois femmes à la table rouge ($5-7 million). (Click on image to enlarge).  UPDATE: THIS MADE $7.2 MILLION.

    A Léger from the collection of Madonna, who has a passion for art, is to be auctioned for charity.  Proceeds from the sale of Fernand Léger’s Trois femmes à la table rouge estimated at $5-7 million will benefit the Ray of Light Foundation to support girls’ education projects in Afghanistan, Pakistan and other countries.  The painting will feature at Sotheby’s Impressionist and Modern evening art sale in New York on May 7.

    Madonna acquired the work at Sotheby’s in New York in 1990 and it has been in her collection since. “I have chosen to auction this painting called “Three Women” by Fernand Léger and donate all the proceeds to support girls’ educational projects in Afghanistan, Pakistan and other countries where female education is rare or nonexistent” she is quoted as saying. “I cannot accept a world where women or girls are wounded, shot or killed for either going to school or teaching in girls’ schools. We don’t have time to be complacent. I want to trade something valuable for something invaluable – Educating Girls! Knowledge is power. Let’s change the world!”.

    UPDATE: THIS MADE $7.2 MILLION IN A SALE WITH A $230 MILLION TOTAL.

    BLUMENFELD RETROSPECTIVE AT SALISBURY CATHEDRAL

    Tuesday, April 2nd, 2013

    Helaine Blumenfeld – Messenger of the Spirit, 2006 (bronze). (Click on image to enlarge).

    A retrospective by one of Britain’s leading contemporary sculptors in marble and bronze, Helaine Blumenfeld OBE, takes place at Salisbury Cathedral from April 13 to September 8. Messenger of the Spirit brings together eighteen pieces created throughout a career spanning more than four decades. It includes four new site-specific pieces: Esprit 2013, Mysteries, The Space Within and Flight.

    “When people come into the context of Salisbury Cathedral, they enter the grounds prepared for a spiritual experience” says Blumenfeld. “As the title of the exhibition suggests, art can be the bearer of this message. I have always believed that revelation can emanate from the spirit when our minds are clear enough to receive the impact of it.”

    Salisbury is unique amongst medieval English cathedrals having been built in just 38 years (1220 – 1258) in a single architectural style, early English Gothic. The tower and spire (Britain’s tallest) were added about 50 years later.  As well as a historic building it is a living church and a place of spirituality that attracts hundreds of thousands of visitors every year. Salisbury Cathedral is rich in contemporary artworks including pieces by Elisabeth Frink, Gabriel Loire, William Pye and Emily Young. Twelve of the Blumenfeld works will be located inside the Cathedral itself and six monumental works will be outside in the surrounding Cathedral Close.

    RICHTER WORK THE MARKET HAS BEEN WAITING FOR

    Tuesday, April 2nd, 2013

     

    Gerhard Richter Domplatz, Mailand 1968 ($30-40 million). (Click on image to enlarge). UPDATE: IT SOLD FOR $37,125,000

    Domplatz, Mailand a 20th century masterwork by Gerhard Richter will highlight Sotheby’s spring Contemporary Art evening auction in New York on May 14.  From the Park Hyatt Hotel in Chicago the work came about through a commission from Siemens Elettra to produce a monumental work for their Milan offices in 1968. More than nine feet square the canvas was Richter’s most ambitious work to date and the largest figurative work he had created. It now stands as the epitome of his 1960’s phote-painting canon.  

    The painting hung at Siemens for 30 years.  It was acquired by the Pritzker family at a Sotheby’s auction in London in 1998. It subsequently hung in their Park Hyatt Hotel in Chicago for over a decade. It is being sold by the Hyatt Hotels Corporation and is estimated at $30-40 million. The sale comes just seven months after Sotheby’s established a new benchmark for Richter with Abstraktes Bild (809-4) selling for $34.3 million. Tobias Meyer, Sotheby’s worldwide head of contemporary art said: “This is the work the market has been waiting for and its sale is certain to be an historic event”.  Hyatt intends to continue to exhibit high quality art and will apply a portion of the proceeds to fund selected new acquisitions.

    UPDATE: IT SOLD FOR $37,125,000.

    SOME IRISH ART FROM SOTHEBY’S AUCTION IN LONDON IN MAY

    Thursday, March 28th, 2013

    Sotheby’s auction of British and Irish art takes place in London on May 23. It will feature a number of works by leading Irish artists. Here is a small selection (click on any image to enlarge it):

    Roderic O’Conor – Red Rocks and Sea (£200,000-300,000).

    Sir William Orpen – Noll; Son of Oliver St John Gogarty signed and dated Orpen 1913 (£100,000-150,000).

    Louis Le Brocquy – Allegory, Aubusson Tapestry (£60,000-80,000).

    PICASSO’S LA REVE CHANGES HANDS FOR $155 MILLION

    Wednesday, March 27th, 2013

    Picasso’s La Reve. (Click on image to enlarge).

    Bloomberg reports that hedge fund manager Steve Cohen has bought Picasso’s La Reve for $155 million from casino owner Steve Wynn. This is the highest price paid by a US collector for an artwork. In 2011 the Qatar royal family paid more than $250 million for Cezanne’s The Card Players.

    Wynn previously agreed to sell La Reve to Cohen for $139 million in 2009. This sale was cancelled after Wynn, who is suffering from an eye disease, accidentally put his elbow through the canvas. The work has since been superbly restored. La Reve depicts Marie Therese Walter, who was Picasso’s mistress and the mother of their daughter Maya.

    Cohen, who started collecting in 2001, is one of the world’s biggest art collectors. His taste has since shifted from Impressionist to Contemporary art.

    DERAIN PORTRAIT OF MADAME MATISSE TO HIGHLIGHT CHRISTIE’S SALE

    Tuesday, March 26th, 2013

    Andre Derain – Madame Matisse au kimono courtesy Christie’s Images Ltd., 2013. (Click on image to enlarge).

    A portrait by André Derain of Madame Matisse will highlight Christie’s sale of Impressionist and Modern Art in New York on May 8.  Madame Matisse au kimono, a high fauve masterpiece, is estimated at $15-20 million. It is the most important portrait by Derain ever to appear at auction.  The painting is from the summer of 1905 when Derain and Matisse embarked on a frenzy of painting in Collioure that would change the course of modern art.  Derain painted Amélie Matisse in August 1905 prior to the  Salon d’Automne exhibition, when fauvism exploded.  The work has been in a private European collection for the past 40 years.

    Derain depicts Amélie in the elegant, patterned Japanese kimono which she often wore and in which she was painted by her husband, as well as several of his other fauve colleagues. The abstracted background of greens and reds serves to heighten the imposing presence of the sitter, and calls to mind the same colors that Matisse used in in the background of his famous portrait of Mme Matisse, La Raie Verte, painted in September 1905, and now in the Copenhagen Staatens Museum for Kunst.

    UPDATE:  The work failed to attract a single bid and was unsold in an auction which generated $158.5 million.  The top lot was  Le Petit Patisier by  Chaim Soutine which made just over $18 milion.  A total of 44 out of 47 lots on offer found buyers.

    JAMES ADAM SALE OF IRISH ART

    Sunday, March 24th, 2013

    A total of 165 lots of Irish art will come under the hammer at James Adam on March 26. Here is a small selection. The catalogue is on-line.

    Felim Egan (b.1952) Abstract, (1,000-1,500). UPDATE: THIS WAS UNSOLD.

    William Scott RA (1913-1989) Untitled, c.1962 (10,000-15,000).  UPDATE: THIS WAS UNSOLD.

    Basil Blackshaw HRHA RUA (b.1932) Arthur Stringer I (10,000-15,000). UPDATE: THIS MADE 11,000

    Louis le Brocquy HRHA (1916-2012) Garlanded Goat (1949-50) Colour inverted Aubusson Tapestry (45,000-55,000).  UPDATE: THIS MADE 47,000

    Douglas Alexander RHA (1871-1945) In County Kerry Watercolour (800-1,000). UPDATE: THIS MADE 800

    Martin Mac Keown (1931-2003) Geraniums on the Windowsill (800-1,200).  UPDATE: THIS MADE 700

    ORPEN PENCIL AND WATERCOLOUR WORK MAKES £98,500

    Friday, March 22nd, 2013

    The Howitzer in Action by Sir William Orpen sold for £98,500 at Sotheby’s.

    A pencil and watercolour war work by Sir William Orpen sold for £98,500 over an estimate of £12,000-18,000 at Sotheby’s in London.  Completed in 1917 The Howitzer in Action was from the collection of renewed arbiter of taste and London club owner Mark Birley (1930-2007).

    The contents of Mr. Birley’s London home, Thurloe Lodge in Kensington, doubled pre-sale expectations to sell for a combined total of £3,854,619 over an estimate of £1.2 million to £1.8 million.  Over 850 people registered to bid and there was fierce competition both in the room and on the phone. More than over 85% of the 496 lots sold exceeded their high estimates and only five lots were unsold.