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  • Posts Tagged ‘Christie’s’

    METEORITES HOLD UNIVERSAL APPEAL AT CHRISTIE’S

    Wednesday, February 24th, 2021

    All lots sold and 72 of the 75 on offer made more than their top estimates at Christie’s Deep Impact: Martian Lunar and Other Rare Meteorites online only sale from New York. It brought in $4,351,750 and attracted bidders from 23 countries across five continents. A slice of the moon, the fourth largest in this world, made $525,000 over a top estimate of $350,000 and a sphere fashioned from a lunar meteorite made $500,000 over a top estimate of $25,000. A 1.7 gram sample of the planet Mars sold for $13,750, worth more than 100 times its weight in gold.

    This stone meteorite made $175,000

    THE MOST EXPENSIVE WESTERN ARTWORK EVER OFFERED IN ASIA

    Friday, February 12th, 2021

    Warrior by Jean Michel Basquiat is poised to become the most expensive Western artwork ever offered in Asia. It comes up at a live and livestreamed single lot sale by Christie’s in Hong Kong on March 23 with an estimate of US$31-41 million. The evening sale – We Are All Warriors – The Basquiat Auction – is part of the spring season of 20th century sales at Christie’s.

    Painted in 1982 Basquiat’s Warrior is a commanding and authoritative portrait that amply demonstrates why the artist is regarded as one of the most important painters of the last half century. It comes up at a sale format that highlights Basquiat’s international appeal.

    UNTIL WE MEET AGAIN BY YEATS AT CHRISTIE’S

    Monday, February 8th, 2021

    Until we Meet Again by Jack B Yeats comes up at Christie’s Modern British Art evening sale in London on March 1. Painted in 1949 it personifies his expressionistic style of the late 1940’s. Characterised by dynamic brush strokes and thick impasto Christie’s say that Yeats’s treatment of the medium can be readily compared to the paintings of his European Expressionist contemporaries, most notably the work of his good friend Oskar Kokoschka. The work is estimated at £500,000-800,000.

    LEINSTER HOUSE CABINETS SELL FOR £106,250

    Tuesday, January 19th, 2021

    The Leinster House cabinets sold for £106,250 at Christie’s in London today. By Thomas Chippendale junior they were part of a remarkable furniture sale entitled Apter-Fredericks: 75 Years of Important English Furniture. Originally at Leinster House, then at Carton, they remained in the possession of the FitzGerald family over the centuries. The hammer price was £85,000 and the top estimate was £60,000.

    A Regency Imperial extending dining table by Gillows of Lancaster commissioned for Westport House sold for £87,500. The sale of 140 lots brought in £3,408,750.

    (See posts on antiquesandartireland.com for June 3, 2015, December 3, 2020, January 2, 2021 and January 17, 2021)

    The Leinster House cabinets.

    HUGE INTEREST IN APTER-FREDERICKS SALE AT CHRISTIE’S

    Sunday, January 17th, 2021

    The Apter-Fredericks auction online at Christie’s on January 19 has garnered enormous interest.  There are a number of fine Irish pieces on sale. Shown here is a c1750 Irish George II bottle carrier.  Used in the dining room it was on casters to allow drinks to be circulated among the guests. Apter-Fredericks have closed their London shop after 75 years and moved to an online model. This sale offers some truly exceptional pieces of fine antique furniture.

    (See post on antiquesandartireland.com for January 2, 2021)

    A c1750 Irish George II bottle carrier. UPDATE: THIS SOLD FOR £8,750

    MITCHELSTOWN CONNECTION AT CHRISTIE’S NEW YORK ONLINE SALE

    Friday, January 15th, 2021
    UPDATE: THIS SOLD FOR $30,000

    This portrait by Hugh Douglas Hamilton (1739-1808) of Robert King, 2nd Earl of Kingston and Caroline, nee Fitzgerald, Countess of Kingston is at Christie’s online right now. It is lot 81 of an online auction of Old Master and British Drawings including property from the Cornelia Bessie Estate at Christie’s, New York until January 28.

    The Earl of Kingston is a title in the Peerage of Ireland. Robert, 2nd Earl of Kingston (1753-1799), was the M.P. for County Cork. He and his wife Caroline (1754-1823) hired the author and educational philosopher Mary Wollstonecraft (1759-1797) as governess to their daughters at Mitchelstown Castle – she had a particular influence on Margaret, their eldest daughter, who became a well-known writer and political activist. Wollstonecraft, now regarded as a founding feminist philosopher, died 11 days after giving birth to her second daughter, the writer Mary Shelley, author of Frankenstein. The painting is estimated at $12,000-18,000.

    EXCEPTIONAL COLLECTION TO FEATURE AT CHRISTIE’S SALES

    Tuesday, January 5th, 2021

    A selection of exceptional works from the property of heirs of Franz Koenigs will come up in a series of sales at Christie’s in 2021. Categories will include Old Master Paintings and Old Master Drawings, Impressionist and Modern Art, Prints and Applied Arts. There are more than 2,800 works of art, ranging from the 15th to the early 20th Century. German by birth, Franz Koenigs  (1881-1941) was a businessman and banker who settled in the Netherlands in 1922. Because of the political developments in his home country he obtained Dutch nationality in 1939. Among the highlights are a number of exceptional landscapes by the leading exponents from the Dutch Golden Age, led by Jacob van Ruisdael’s iconic Tower of Kostverloren on the Amstel (£500,000-800,000), and  A wooded river landscape with a punt, Deventer in the distance by Meindert Hobbema (£500,000-800,000). 

    Meindert Hobbema – A wooded river landscape with a punt, Deventer in the distance 

    OPTIMISM AS UNSETTLING YEAR DRAWS TO A CLOSE

    Wednesday, December 30th, 2020

    AS this strange, unsettling year draws to a close auction houses are looking back with relief and forward with optimism. Twelve months ago when 2020 dawned there was little inkling of the pandemic that has since engulfed the globe causing at least 1.8 million deaths and 82 million cases so far. In the art and antiques market online sales and private sales did much to alleviate the pressure caused by the lack of live sales nationally and internationally. Preliminary figures from Christie’s suggest that sales were down 25% to $4.4 billion. Demand remained strong and online sales (up 262% in 2020) and digital innovation are seen as major drivers of future growth. Private sales achieved a record total projected at $1.3 billion. No less than 36% of all buyers were new to Christie’s and 32% of new online only buyers were millennials (23-38 years old).

    CEO Guillaume Cerutti commented: “In 2020, the global pandemic deeply impacted the art market, as it did for almost all industries. We are now looking forward to 2021 with optimism, for two major reasons: global demand for art and objects remains strong with an impressive influx of new clients, especially millennials; and Christie’s has introduced digital innovations that significantly strengthened our business model, providing clients with greater flexibility to transact with us through our live auction, online-only, and private sales platforms.”

    In Ireland lockdowns caused four months of closure in 2020 and a new lockdown for the month of January 2021 has just been announced. At James Adam they reckon that business overall was about two thirds of what would normally have occurred in sectors like Irish Art and jewellery. The level of sales, 16 in categories like vintage wine and spirits, period and mid century furniture, jewellery, watches, art and decorative arts and the Country House Collections sale at Townley Hall, helped to make up some of the shortfall. James O’Halloran reports that sell through rates at Adams were higher in every category with some auctions recording 90% plus. There is a readiness to drive on from this in 2021.

    The Kildare House giltwood chairs made 18,000 at James Adam

    GUTFREUND COLLECTION AT CHRISTIE’S, NEW YORK

    Sunday, December 20th, 2020

    An unparalleled collection of fine and decorative art, jewels and books will come up at Christie’s New York live and online sales in January 2021. Works from the collection of Mr. & Mrs. John H. Gutfreund 834 Fifth Avenue encompass important English and French furniture, Russian works of art, silver, porcelain, Old Master paintings, Chinese ceramics and works of art, carpets, and textiles. These will come under the hammer in a two-day live auction on January 26-27. Three online sales from January 14–28/29 will be thematically organised into the Art of Entertainment; Books and bindings; and a collection of runway jewels from the House of Chanel. 

    John Gutfreund (1929-2016) was chairman and executive of the investment firm Salomon Brothers.

    A suite of George III painted mahogany dining room furniture by Ince and Mayhew, 1775 ($80,000-120,000)

    A GREAT 2020 AT SOTHEBY’S AND CHRISTIE’S

    Friday, December 18th, 2020

    Consolidated sales so far this year at Sotheby’s stand at over $5 billion, with several auctions still to go.  And Christie’s has reported an accelerated shift to online sales with a 41% increase in luxury lots sold in online auctions; 82% increase in the number of luxury online sales, and a 205% increase in the value of online luxury sales year on year.

    Sotheby’s report that ease of access to a broader range of offerings brought a record influx of new buyers: this year Sotheby’s attracted the largest number of first-time buyers in 15 years with a 27% increase over 2019. Over 70% of auctions were held online in 2020 (up from 30% last year) and more than 40% of bidders and buyers in online auctions were new to Sotheby’s. The number of buyers aged under 40 doubled. Private sales so far in 2020 total over $1.5 billion, marking an all time record at any auction house.

    Christie’s report that performance has been strong across all categories with an 87% overall sell-through for the portfolio; 136 records were set across jewels, watches, wine and handbags and 53 lots achieved over $1 million. Christie’s luxury market report further highlighted global participation with bidders from 90 countries and 40% new buyers.

    The world auction record for a handbag was achieved at Christie’s in Hong Kong in November for this Matte White Himalaya Niloticus crocodile Kelly handbag by Hermes. It sold for US$437,330.