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  • Posts Tagged ‘S.I. NEWHOUSE’

    1969 SELF-PORTRAIT BY BACON AT CHRISTIE’S IN MAY

    Wednesday, February 22nd, 2023
    Francis Bacon – Self-Portrait (1969). UPDATE: THIS SOLD FOR $34,622,500

    Francis Bacon’s landmark Self-Portrait from 1969 is among 16 exceptional modern and post war paintings from the collection of S.I. Newhouse to be sold at Christie’s in New York next May. There are masterworks by artists including Picasso, de Kooning, Jasper Johns, Roy Lichtenstein, Brice Marden and Lee Bontecou. The Bacon portrait is estimated at in excess of $20 million and the entire collection at more than $144 million.

    Alex Rotter, Christie’s Chairman, 20th and 21st Century Art, remarked: “S.I. Newhouse’s brilliance was undeniable and his art collecting held a rare quality of excellence. As a collector, he bought and sold with the deepest levels of consideration and intention—which over decades, led to the evolution of a singular collection. Last November, we saw with the Collection of Paul. G. Allen that the market for true masterpieces is as strong as ever. Building on this momentum, we could not be prouder to present this selection of masterpieces from the S.I. Newhouse Collection this May.”

    S.I. Newhouse (1927-2017) ranks among the most revered connoisseur art collectors in modern history. He is credited with redefining the contemporary art market in the 1980s, with his acquisition of Jasper Johns’s False Start; in the 1990s, with his acquisition of Andy Warhol’s Orange Marilyn; and in the 2010s, with the 2019 sale of Jeff Koons’ 1986 sculpture Rabbit at Christie’s New York for $91,075,000, establishing the record price for work by any living artist. As the co-owner of a media empire that included Condé Nast, publisher of leading publications such as The New YorkerVogueVanity Fair, and Architectural Digest, as well as newspapers across America, Mr. Newhouse was a visionary cultural figure whose enduring impact continues to inform and inspire generations worldwide.