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    • Posts Tagged ‘Rockefeller Collection’

    CHRISTIE’S LEADS THE ART MARKET SO FAR IN 2018

    Wednesday, July 25th, 2018

    PICASSO – Fillette à la corbeille fleurie from the Rockefeller collection sold for $115 million.

    Christie’s continues to lead the art market this year.  Continued global demand helped drive a 26% rise in overall sales to almost £3 billion in the first half of the year.  Auction sell through rates across all bands rose to 84%.  Auction sales increased by 20% to £2.65 billion, private sales were up 135% to £287 million and online only auction sales rose 40% to £27.7 million.

    There were 55 lots sold for over $10 million and online sales attracted the largest number of new buyers.  The Luxury group continues to draw the highest percentage of new clients at 29% and Asian clients spent 10% more in this category in 2018.  Decorative arts was the second highest entry point for new clients at 19%.

    Collections achieved strong results across the board: the celebration of the Cobra movement was 100% sold at the new venue in Amsterdam; masterpieces by Richard Diebenkorn were sold to benefit the Zucker family foundation for $46 million in New York  and the Tisch collection sold for £107 million.

    American clients accounted for 45% of spend in the first half of 2018, Asian clients for 24% and EMERI clients for 31%.  The collection of Peggy and David Rockefeller achieved the highest total for a private collection and was 100% sold.  At $835,111,344 this was the most significant charitable auction ever.

    Christie’s say the outlook for the rest of the year is good.

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    ROCKEFELLER AUCTION 100% SOLD AND ACHIEVES $832,573,469

    Saturday, May 12th, 2018

    THE ‘MARLY ROUGE’ SERVICE: A SEVRES PORCELAIN IRON-RED AND SKY-BLUE GROUND PART DESSERT SERVICE MADE FOR NAPOLEON ICIRCA 1807-09, IRON-RED STENCILED M. IMPLE DE SEVRES MARK, DATE CYPHERS

    After a six-month campaign, ten days of online sales and three days of dynamic auctions at Christie’s Rockefeller Center, the total for the 1,500 objects comprising the Collection of Peggy and David Rockefeller reached $832,573,469.  Well exceeding initial expectations this established the highest auction total ever for a private collection at auction.

    The most significant charitable auction in history, all of the estate proceeds will be directed to philanthropies Peggy and David Rockefeller supported during their lifetimes, for the benefit of continuing scientific research, higher education, support for the arts, sustainable economic development, and land conservation initiatives, among others.  Over the course of the sales, numerous world auction records were established across the fine and decorative arts. An additional nineteen lots of jewellery from the collection will come up at the June 12 sale of Magnificent Jewels.

    The top lots of the sale included Picasso’s, Fillette à la corbeille fleurie, which realized $115,000,000, the second highest price for the artist, Monet’s Nymphéas en fleur which sold for a record $84,687,500, and Matisse’s Odalisque couchée aux magnolias which sold for $80,750,000, another auction record. Further records include Diego Rivera’s The Rivals that sold for $9,762,500, establishing a world auction record for the artist and for a work of Latin American Art. The Art of the Americas sale set a new record for the category total, and Gilbert Stuart’s George Washington (Vaughan type), set a record for the artist at $11,562,500.  Among the decorative arts, a record was set for 19th Century porcelain for the Sèvres ‘Marly Rouge’ service commissioned by Napoleon I, which sold for $1,812,500.

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    ROCKEFELLER RUNNING TOTAL NOW $765,384,844

    Thursday, May 10th, 2018

    Willem de Kooning’s Untitled XIX from 1982.

    The 41 lots offered and all sold at Christie’s Art of the America’s evening sale from the Rockefeller collection made  $106,883,500. The top lot of the sale was Willem de Kooning’s Untitled XIX, which sold for $14.2 million and formerly resided in David Rockefeller’s Chase Manhattan office. There were seven artist records, for Charles Ephraim Burchfield, Morris Cole Graves, Stefan Hirsch, Fairfield Porter, Diego Rivera, Charles Sheeler and Gilbert Stuart. To date, the Collection of Peggy and David Rockefeller has made $765,384,844, and established the highest total achieved for any private collection offered at auction during the first night of the sale week.

    Will Haydock, Head of American Art, said: “The American art from the collection of Peggy and David Rockefeller represents one of the best single owner collections to come to market and this evening collectors responded accordingly. Peggy and David appreciated and cherished this material in the same manner as their Impressionist and Modern masterworks and that allowed us to expose it on a broader, international stage. Both established and new collectors gravitated to the auction and it enabled us to achieve this monumental result. Tonight’s sale set a record total for any American Art auction, with strong results achieved across all time periods of the category. There was a particular interest in works commissioned by Abby Aldrich Rockefeller one the first true pioneers and patrons of Modernism in the United States, as seen with the records set for Rivera, Sheeler and Hirsch.”

    Charles Ephraim Burchfield – June Night.

    Fairfield Porter – The Schooner II

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    ROCKEFELLER COLLECTION ON TOUR

    Tuesday, January 16th, 2018

    A George II gold Irish freedom box is among the highlights of the collection of Peggy and David Rockefeller which Christie’s is touring prior to sales at Christie’s Rockefeller Center in New York in late spring. The freedom box, to the far right of the composite image above,  is by William Currie, Dublin and estimated at $30,000-50,000.  Christie’s has confirmed additional dates and locations for preview exhibitions of the collection to its flagship galleries in London (February 21 – March 8), Beijing (April 6 – 7), Los Angeles (April 6 – 12), and Shanghai (April 10 – 11). With each stop on the pre-sale tour, additional works of art and objects will be unveiled, revealing new facets of this storied, multi-category collection. The exhibitions, which are open to the public, are sponsored in partnership with private aviation company VistaJet.

    As a guide for collectors, Christie’s has launched a special issue of Christie’s Magazine dedicated to the Collection of Peggy and David Rockefeller. The issue re-acquaints readers with the Rockefeller family’s unique place in American history, and their long legacy in the realms of art collecting, commerce, and philanthropy. All of the estate proceeds from the sale of the Collection will benefit established charities.

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