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    • Posts Tagged ‘Picasso’

    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.”

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    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

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    HIGHEST SINGLE SALE WEEK TOTAL IN ART AUCTION HISTORY

    Saturday, May 16th, 2015
    Pablo Picasso (1881-1973) Les femmes d'Alger, Version O

    Pablo Picasso (1881-1973) Les femmes d’Alger, Version O sold for $179,365,000 a world auction record for a painting.

    Christie’s generated a grand total of $1,726,019,375 in a week of fine art sales in New York – the highest single weekly total in auction history. Impressionist & Modern and Post-War & Contemporary art were combined into a single sale week of auctions and online-only sales.  Events kicked off on Monday evening with Looking Forward to the Past, a curated sale with top-quality work from both categories in a new context. The stellar results – the opening sale achieved a new work auction record for any painting and for any sculpture – demonstrate that accelerated demand for great art from collectors around the world continues to drive strong prices at all levels.

    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 sold for $141,285,000, a world auction record for a sculpture.

    “This has been an extraordinary week for the art market and for Christie’s. Our much heralded total of $1.726 billion is only a part of the story. It was striking that there were 40 bids above $100 million for the Picasso on Monday night and over 45 bids for the Rothko which made $82 million on Wednesday. This is a rich, deep market in which masterpieces elicit the greatest competition and which now attracts high level buyers from all over the world,” said Jussi Pylkkanen, Christie’s Global President.

    There were new world records for Picasso, Giacometti, Freud and Mondrian. No less than 147 lots sold for over $1 million, 18 for over $20 million, seven for over $50 million and two for over $100 million.

    Bidders from 48 different countries registered to participate, creating an electric atmosphere of competition that grew and gained momentum over the course of the week.

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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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    MONET, LEGER, PICASSO, GIACOMETTI AT SOTHEBY’S NEW YORK

    Wednesday, April 29th, 2015

    The 69 works at Sotheby’s evening sale of Impressionist and Modern Art in New York on May 5 are estimated to achieve more than $270 million.  The eleven works from the collection of Chicago philanthropist Jerome H. Stone – largely unseen for the last 45 years – are led by Fernand Leger’s La Roue Bleue,  Etat Definitif ($8-12 million).

    The auction features six paintings by Monet spanning the period from the 1870’s to the 1910’s and including his most celebrated subjects like water lilies, Venice, a snowscape, the Seine and the Normandy coast. Nympheas (Water Lilies) is estimated at $30-45 million.  Nu couchee et femme se lavant les pieds by Picasso is from a private collection.  There is a strong selection of 15 Impressionist, Modern and Surrealist sculpture including Femme de Venise VI by Giacometti ($8-12 million) and Le Chat by Picasso ($2-3 million).

    (See post on antiquesandartireland.com for April 13, 2015)

    Pablo PIcasso - Le Chat

    Pablo PIcasso – Le Chat  UPDATE: THIS SOLD FOR $1,810,000 

    Fernand Leger - La Roue Bleue, état definitif

    Fernand Leger – La Roue Bleue, état définitif  UPDATE: THIS MADE $10,554,000

    Alberto Giacometti - Femme de Venise VI

    Alberto Giacometti – Femme de Venise VI  UPDATE: THIS SOLD FOR $16,154,000

    Pablo Picasso - Nu couche et femme se lavant les pieds.

    Pablo Picasso – Nu couche et femme se lavant les pieds.  UPDATE: THIS SOLD FOR $10,330,000

    Nympheas (Water Lilies) by Claude Monet.

    Nympheas (Water Lilies) by Claude Monet. UPDATE: THIS SOLD FOR $54,010,000

     

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    PICASSO MASTERPIECE MAKES £13.48 MILLION FOR SCIENTIFIC RESEARCH AT CHRISTIE’S

    Tuesday, June 21st, 2011

    Picasso Jeune fille endormie. (Click on image to enlarge)

    An important and rarely-seen masterpiece by Pablo Picasso (1881-1973) Jeune fille endormie made £13,481,250 at Christie’s Impressionist and Modern Art Evening Sale on June 21.

    The intimate portrait of the artist’s lover Marie-Thérèse Walter,  subject of many of Picasso’s most celebrated pictures, had been expected to realize £9 million to £12 million.

    Having resided in just two private collections since it was painted, Jeune fille endormie was given to the University of Sydney in 2010 by an anonymous donor on condition that it would be sold and that the University would dedicate the proceeds to scientific research. It was acquired by an anonymous bidder.

    The auction brought in £140,019,200 and sold  87% by lot and 80% by value. This is the third highest total for the category at Christie’s in London. Buyers were 54% from Europe, 42% from the Americas and 4% from Asia.

    The top three prices were paid for portraits of three different lovers of Picasso, led by Femme assise, robe bleue, a portrait of Dora Maar, which made £17,961,250 over a top estimate of  £8 million. Buste de Françoise, a 1946 portrait of  Picasso’s lover Françoise Gilot made £10,681,250.

    See antiquesandartireland.com post for April 27.

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    PICASSO MAKES £25 MILLION AT SOTHEBY’S

    Wednesday, February 9th, 2011

    Picasso's La Lecture (click on image to enlarge)

    Picasso’s La Lecture sold  for  £25,241,250, more than double the low estimate, at Sotheby’s Impressionist and Modern art sale. There was a heated six minute long bidding contest between seven bidders on the phone and in the saleroom.  The 1932 painting of Marie-Thérèse Walter was bought over the phone by an anonymous buyer.

    The sale brought in £68,834,400, well within the pre-sale estimate of £55,630,000-79,250,000.  There were 42 lots on offer and 32 sold, mostly at prices at or above their estimate.  Fifteen works made over one million pounds and the average lot value was £2.15 million.
    Among the works that failed to sell was Alberto Giacometti’s bronze portrait of his younger brother from 1957.  Grand buste de Diego avec bras was estimated at £3.5 to £5 million.  Dealers reckoned it failed to sell because of its pale colour.

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