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  • Posts Tagged ‘Christie’s’

    RECORD HALF YEAR SALES OF £2.9 BILLION AT CHRISTIE’S

    Monday, July 20th, 2015
    PABLO PICASSO Les femmes d'Alger (Version "O") © 2015 Estate of Pablo Picasso / Artists Rights Society (ARS), New York

    PABLO PICASSO
    Les femmes d’Alger (Version “O”) © 2015 Estate of Pablo Picasso / Artists Rights Society (ARS), New York sold in May for a world record of $179.4 million.

    Record half year sales of £2.9 billion, up 8% on the same period for 2014, were announced by Christie’s today.  The auction house said that results were underpinned by strong results across numerous categories including Impressionist and Modern, Post-War and Contemporary Art and Asian Art. Curatorial innovation and a revised sales calendar have attracted collectors at all levels and Christie’s continues to invest in online platforms as well as traditional salerooms and private sales.  New clients represented 24% of buyers. The number of middle market buyers grew by 14%.

    Patricia Barbizet, Christie’s Chief Executive Officer, said: During the first half of 2015 Christie’s clients spanned 99 countries, demonstrating how truly international sales activity is at all levels and reflecting the expanse of the art market. We are meeting new demands while continuing to show strength in core categories and maintaining market share. Buyer activity of lots between £100,000 and £1,000,000 continues to grow, with the number of buyers up 14%.  Our early investment in online and E-commerce platforms continues to add value across the business. We look forward to more innovative collaboration across categories and regions during the second half and remain fluid as we challenge traditional models of auction for new models of selling art.”

    FRANCIS BACON TOPS CHRISTIE’S £95.6 MILLION SALE IN LONDON

    Wednesday, July 1st, 2015
    Bidding in progress for Bacon's Study for Head of Isabel Rawsthorne and George Dyer.

    Bidding in progress for Bacon’s Study for Head of Isabel Rawsthorne and George Dyer.

    Francis Bacon’s Study for Head of Isabel Rawsthorne and George Dyer  was the top lot at Christie’s post war and contemporary art evening sale in London last night. It made £12,178,500 in an auction that achieved £95,646,500.  Bidding was particularly active for collections from the Museum of Old and New Art (£4,630,000) and The Jacobs Collection (£6,993,000).  There was enthusiasm for artists including Jean Dubuffet, Richard Hamilton and Morris Louis.

    Bidders from 34 countries across three continents competed for works by exciting contemporary artists alongside classics of the category. Records included Chris Ofili’s Holy Virgin Mary (£2,882,500), Malcolm Morley (£1,202,500), R.H Quaytman (£578,500), Jeff Elrod (£218,500), Brent Wadden (£122,500) and The Chapman Brothers (£422,500). Christie’s said the auction showed further evidence of the momentum in market that has been witnessed over a record-breaking season of sales for Christie’s across Europe and the US, with strong results not only in New York but also Amsterdam, Milan and Paris.

    MONET AND PICASSO TOP CHRISTIE’S EVENING SALE

    Tuesday, June 23rd, 2015
    Pablo Picasso (1881-1973)  Tête sold for £4,450,500. Courtesy Christie's Images Ltd., 2015.

    Pablo Picasso (1881-1973)
    Tête sold for £4,450,500. Courtesy Christie’s Images Ltd., 2015.

    Claude Monet (1840-1926) Iris mauves

    Claude Monet (1840-1926) Iris mauves Courtesy Christie’s Images Ltd., 2015

    Claude Monet’s Iris mauves was the top lot at Christie’s Impressionist & Modern Art Evening Sale in London tonight.  It made £10,834,500 at an auction that brought in £71,461,000. Sell-through rates were 84% by lot and 92% by value. In total, 24 works of art sold for over £1 million and 29 for over $1 million. Bidders from 32 countries across 5 continents competed in the room and on the telephone,

    Jay Vincze, International Director said: “This evening’s sale of Impressionist & Modern Art saw notable demand for highly covetable works by the masters of late 19th and 20th century art, led by Claude Monet’s remarkable ‘Iris mauves’. Once again, this auction attracted global participation from bidders around the world, further evidencing the deep international demand for the category witnessed in our New York Sales in May. This resulted in strong prices across the full breadth of the category, from the birth of Impressionism – illustrated by the rare 1872 work by Alfred Sisley – to the energy of the late 1969 portrait by Pablo Picasso. For the second year, this Evening Sale marks the start of a week of ‘Impressionist & Modern Art’ and ‘Modern British & Irish Art’ auctions at Christie’s London, collectively presenting new and established buyers with opportunities across price levels.”

    IADA COMES OUT AGAINST SALE OF RUSSBOROUGH PAINTINGS

    Thursday, June 18th, 2015
    Sir Peter Paul Rubens – Portrait of a Bearded Man (£2-3 million) © Christie’s Images Limited 2015

    Sir Peter Paul Rubens – Portrait of a Bearded Man (£2-3 million) © Christie’s Images Limited 2015

    The Irish Antique Dealers Association (IADA) has come out against the proposed sale of eight works from the collection at Russborough House in Co. Wicklow at Christie’s. A statement from George Stacpoole, President of the IADA says it is in full support of any move to halt the sale of the Beit paintings. “The feeling of the Association is that, as these works of art were left to the Irish Nation, for the enjoyment of those living in Ireland and those frequenting Ireland, these international works of art should never have been allowed to be put up for sale”.

    They said that as the art was left as a gift to the nation and accepted as such the current government must bear responsibility of both the upkeep of Russborough House and the works of art housed within. “It must be recognised that these treasures are not only important for their unique values, but also as a source of revenue to the Irish State, as many tourists frequent Ireland just to see such wonderful treasures”.

    Works of art by Sir Peter Paul Rubens, David Teniers the Younger and Francesco Guardi are among the paintings from Russborough due to be sold at Christie’s in London in July.  The Alfred Beit Foundation said that the challenges in funding a house such as Russborough are immense.  Russborough needs a million euro a year to fund its operational costs. They say they are the owner of the relevant paintings, which were not left to the State by the Beits, and explored every other credible option before deciding on sale. As late as 2005, Lady Clementine Beit gave her personal collection of Italian bronzes to the Foundation with specific instructions that they be sold to help defray the costs of keeping Russborough open.

    (See posts on antiquesandartireland.com for June 11 and May 1, 2015).

    MASTERPIECES FROM CHRISTIE’S EXCEPTIONAL SALE

    Wednesday, June 17th, 2015

    With everything from a felt bicorne hat worn by Napoleon in 1807 to a Thomas Chippendale bookcase The Exceptional Sale at Christie’s in London on July 9 offers much of interest. This year’s sale of 61 lots – many with celebrated provenance –  ranges from rare antiquities to modern day marvels. It features outstanding sculpture and masterpieces of European furniture and decorative arts   There is a restored Vickers Supermarine Spitfire Mk.1A – P9374/G-MK1A (£1.5-2.5 million) and a magnificent Luba ceremonial bowstand, attributed to the Master of Warua (£1.5-2.5 million).

    Highlights include five items of Napoleonic memorabilia, including the Emperor’s black felt bicorne hat (£300,000-500,000) and a classical Roman torso of an athlete, previously in the collection of Yves Saint Laurent (£1-1.5 million). The finest examples of English, French and Italian furniture, ormolu-mounted European and Imperial Russian porcelain, silver, clocks and sculpture are expected to bring in more than £14 million. Here is a taste of the auction:

    (See post on antiquesandartireland.com for April 28, 2015).

    ATTRIBUTED TO THOMAS CHIPPENDALE, CIRCA 1773-75 A GEORGE III SATINWOOD BOOKCASE (£80,000-120,000).

    ATTRIBUTED TO THOMAS CHIPPENDALE, CIRCA 1773-75
    A GEORGE III SATINWOOD BOOKCASE (£80,000-120,000).

    IMPERIAL BLACK FELT BICORNE CAMPAIGN HAT CIRCA 1806, ATTRIBUTED TO POUPART & CO. 'THE EMPEROR NAPOLEON'S HAT WORN DURING THE CAMPAIGN OF 1807' (£300,000-500,000).

    IMPERIAL BLACK FELT BICORNE CAMPAIGN HAT
    CIRCA 1806, ATTRIBUTED TO POUPART & CO.
    ‘THE EMPEROR NAPOLEON’S HAT WORN DURING THE CAMPAIGN OF 1807’ (£300,000-500,000).  UPDATE: THIS SOLD FOR £386,500

    ATTRIBUTED TO ANDRE-CHARLES BOULLE, CIRCA 1710-1720 A MATCHED PAIR OF LOUIS XIV ORMOLU-MOUNTED AND BRASS-INLAID BROWN TORTOISESHELL BOULLE MARQUETRY AND EBONY PIER TABLES ( £1,200,000 - 1,800,000).

    ATTRIBUTED TO ANDRE-CHARLES BOULLE, CIRCA 1710-1720
    A MATCHED PAIR OF LOUIS XIV ORMOLU-MOUNTED AND BRASS-INLAID BROWN TORTOISESHELL BOULLE MARQUETRY AND EBONY PIER TABLES ( £1,200,000 – 1,800,000).  UPDATE: THESE SOLD FOR £1,082,500

     

    IRISH QUEEN ANNE TANKARD AT CHRISTIE’S, SOUTH KENSINGTON

    Sunday, June 14th, 2015

    A Queen Anne Irish silver tankard comes up at Christie’s Country Home sale in South Kensington, London on July 7. Estimated at £8,000-10,000 it was made in Dublin in 1702.  The tankard carries the mark of David King, Dublin 1702 and the handle has the mark of Edward Workman of Dublin.  The front is engraved a large contemporary coat of arms for Hartwell.

    A second Irish silver lot in the sale is a George I bullet teapot with the mark of Matthew Walker estimated at £4,000-5,000. Made in 1717 it has been dechased.

    A QUEEN ANNE IRISH SILVER TANKARD MARK OF DAVID KING, DUBLIN, 1702, THE HANDLE MARK OF EDWARD WORKMAN OF DUBLIN

    A QUEEN ANNE IRISH SILVER TANKARD
    MARK OF DAVID KING, DUBLIN, 1702, THE HANDLE MARK OF EDWARD WORKMAN OF DUBLIN

    A GEORGE I IRISH SILVER BULLET TEAPOT MARK OF MATTHEW WALKER, DUBLIN, 1717

    A GEORGE I IRISH SILVER BULLET TEAPOT
    MARK OF MATTHEW WALKER, DUBLIN, 1717

    BELLOTTO, RUBENS, GAINSBOROUGH, GUARDI AT CHRISTIE’S

    Thursday, June 11th, 2015
    Bernardo Bellotto (1721-1780), Dresden from the right bank of the Elbe above the Augustus Bridge. Courtesy Christie's Images Ltd., 2015.

    Bernardo Bellotto (1721-1780), Dresden from the right bank of the Elbe above the Augustus Bridge. Courtesy Christie’s Images Ltd., 2015.

    Works by Bellotto, Rubens, Gainsborough, Guardi and Breughel the Younger – including property from the Alfred Beit Foundation in Ireland – will lead Christie’s Old Master and British Paintings evening sale in London on July 9.  Many of the highlights have not been seen on the market for generations. A masterpiece by Bernardo Bellotto (1721-1780), Dresden from the right bank of the Elbe above the Augustus Bridge,  is one of the last great views of the city by the artist still in private hands (£8-12 million). There are six paintings from The Alfred Beit Foundation with two superb panels by Rubens – Head of a bearded man (£2-3 million), and Venus and Jupiter (£1.2-1.8 million); and one of the greatest Kermesse scenes by David Teniers the Younger (£1.2-1.8 million).

    Other sale highlights are a portrait of Sir Richard Brooke, 5th Bt. by Thomas Gainsborough, which has never been on the market before; A coastal landscape with fisherfolk by Richard Parkes Bonington (£2-3 million); four works by Pieter Brueghel the Younger;  seven Dutch paintings from the Cunningham collection, led by an exquisite Still-Life by Jan Davidsz de Heem (£1.5-2.5 million); Christ on the Cross by El Greco and studio  (£1-1.5 million); Hermes entertained by Calypso by Jacob Jordaens (£600,000 – 800,000) and Ruins of the old church at Muiderberg by Jacob van Ruisdael (£500,000-800,000)

    UPDATE: On June 12 The Irish Times reported that Russborough House received an export licence for another Rubens entitled Portrait of a Monk, bust length. The Alfred Beit Foundation declined to comment and it is not known whether the work has yet been sold.

    UPDATE:  The Beit Paintings have been withdrawn from the auction following a request from the Beit Foundation.

    (See post on antiquesandartireland.com for May 1, 2015).

    MONET, PICASSO, MARC AT CHRISTIE’S LONDON SALE

    Thursday, June 4th, 2015

    A total of 52 covetable works to inspire collectors worldwide come up at  Christie’s Impressionist and Modern  Art evening sale in London on June 23.  Estimates range from £250,000 to £9 million for works by Monet, Picasso, Sisley, Rodin,  van Dongen, Marc, Signac, Magritte and Miro.  Franz Marc’s Gemsen from 1911 is at auction for the very first time with an estimate of £1.8-2.5 million. The artist sought to create an image of the world in harmony which led to increasingly abstracted elements in his art from 1911, the year he founded Der Blaue Reiter (The Blue Rider) with Kandinsky.  The top lot in the sale is Iris Mauves by Claude Monet which dates from 1914-1917. It is estimated at £6-9 million.  Here is a small selection:

    Franz Marc (1880-1916) Gemsen (£1.8-2.5 MILLION) © Christie’s Images Limited 2015

    Franz Marc (1880-1916)
    Gemsen (£1.8-2.5 MILLION) © Christie’s Images Limited 2015

    Pablo Picasso (1881-1973)  Tête  (£4.8-6.5 MILLION) © Christie’s Images Limited 2015

    Pablo Picasso (1881-1973)
    Tête (£4.8-6.5 MILLION) © Christie’s Images Limited 2015

    Claude Monet (1840-1926) Iris mauves (£6-9 MILLION) © Christie’s Images Limited 2015

    Claude Monet (1840-1926) Iris mauves (£6-9 MILLION) © Christie’s Images Limited 2015

    THE PROPERTY OF THE MUSÉE RODIN, PARIS Auguste Rodin (1840-1917) Aphrodite, grand modèle (£600,000-800,000). © Christie’s Images Limited 2015

    THE PROPERTY OF THE MUSÉE RODIN, PARIS
    Auguste Rodin (1840-1917) Aphrodite, grand modèle (£600,000-800,000). © Christie’s Images Limited 2015

    MOST VALUABLE JEWELLERY AUCTION EVER HELD IN ASIA

    Tuesday, June 2nd, 2015
    This Burmese ruby and diamond necklace by Etcetera made US$13,006,656.

    This Burmese ruby and diamond necklace by Etcetera made US$13,006,656, a world auction record price for a ruby necklace.

    The most valuable jewellery auction ever held in Asia brought in US$117,892,395 at Christie’s. The top lot in the Hong Kong magnificent jewels sale was a Burmese ruby and diamond necklace of 120 carats, by Etcetera.  It made US$13,006,656.

    “Christie’s Hong Kong established a new record for the most valuable jewellery auction ever held in Asia. The family collection of K’ung Hsiang-Hsi sold for US$14.6 m, 7 times its low estimate. More records were achieved for a ruby necklace, a Kashmir sapphire and a jadeite cabochon and collectors were mesmerized all through the day bidding in any increment and as long as it took to try and acquire anything at the sale,” said Vickie Sek, Director of Christie’s Asia Jewellery Department.

    A circular cut Kashmir sapphire of 10.33 carats sold for US$2,483,136, a world record per carat price of US$240,381. A jadeite cabochon pendant sold for US$5,676,480, a world auction record for a single jadeite cabochon.

    UPDATE:  Christie’s Hong Kong auction series achieved US$417.6 million and established 60 auction records across various categories. Buyers from mainland China continued to be active, and were joined this year by collectors from Singapore and Taiwan, who competed for 5 days in 16 auctions.

     

    MARIE ANTOINETTE’S ARMCHAIR AT CHRISTIE’S

    Wednesday, May 27th, 2015
    MARIE ANTOINETTE’S EXQUISITE ARMCHAIR FROM THE PAVILLON BELVEDERE (£300,000-500,000).

    MARIE ANTOINETTE’S EXQUISITE ARMCHAIR FROM THE PAVILLON BELVEDERE (£300,000-500,000).  COURTESY CHRISTIE’S IMAGES LTD., 2015

    Marie Antoinette’s exquisite armchair from the Pavillon Belvedere is among the highlights at Christie’s sale of important French furniture in London on July 9.  The Taste of the Royal Court sale of furniture from a private collection comprises 22 examples of 18th century decorative arts.  The furniture in the sale was created for some of the most celebrated patrons of the 18th century: Queen Marie Antoinette, Duke Albert de Saxe-Teschen, Jean Baptiste de Machault d’Arnouville, Chancelier de France and the Prince de Conti, and subsequently entered such legendary collections as those of the Dukes of Hamilton, the Marquesses of Bath at Longleat and the Comtes de Vogüé at Vaux-le-Vicomte.

    The sale features work by master craftsmen like André-Charles Boulle, Charles Cressent and Adam Weisweiler.  A giltwood fauteuil en bergère supplied to Queen Marie Antoinette for her salon in the Pavillon Belvédère at the Petit Trianon, was part of the most expensive suite of seat furniture ever made for the Queen.  The only armchair from the set known to have survived is estimated at £300,000-500,000.   A bureau plat by Cressent, of which the only other known example is in the Louvre, is estimated at £1-1.5 million. Estimates range from £30,000 to £1.5 million and the collection is expected to make more than £6 million.

    A MASTERPIECE BY CHARLES CRESSENT THIS BUREAU PLAT IS ESTIMATED AT £1-1.5 MILLION) CHRISTIE'S IMAGES LTD. 2015

    A MASTERPIECE BY CHARLES CRESSENT THIS BUREAU PLAT IS ESTIMATED AT £1-1.5 MILLION) CHRISTIE’S IMAGES LTD. 2015

    A VASE MADE FOR LOUIS XV'S FINANCE MINISTER (£600,000-1 MILLION)

    A VASE MADE FOR LOUIS XV’S FINANCE MINISTER (£600,000-1 MILLION)  COURTESY CHRISTIE’S IMAGES LTD., 2015

    THE PRINCE DE CONTI’S PLANETARY CLOCK (£600,000-1 MILLION)

    THE PRINCE DE CONTI’S PLANETARY CLOCK (£600,000-1 MILLION)  COURTESY CHRISTIE’S IMAGES LTD., 2015