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  • Posts Tagged ‘sotheby’s’

    GOOD LUCK FROM GILBERT & GEORGE AT SOTHEBY’S

    Thursday, April 8th, 2021

    Good Luck by Gilbert & George is among Russell Tovey’s picks at Sotheby’s ‘Contemporary Curated’ auction in London open for bidding until April 13 April. The British actor-turned-collector, curator, podcast host and “art geek”, has teamed up with Sotheby’s for the online sale. With estimates ranging from £2,000 to £200,000 and beyond, ‘Contemporary Curated’ provides an opportunity for not only established buyers, but burgeoning collectors on the hunt to acquire art at accessible prices. Russell purchased his first artwork aged 25, acquiring a Mono-print etching by Tracey Emin – who he now counts among his closest friends and whose neon work, My Favourite Little Bird, is included in his edit – using his pay cheque from The History Boys.  Good Luck (2005) is from the series “SonofaGodPictures” by Gilbert & George. Tovey remembers the show at the White Cube in London causing great controversy with pickets and protests at the gallery. “I love the way you can always see Gilbert and George in their works” he said.

    TRY THIS TIARA FOR SIZE ON INSTAGRAM

    Wednesday, March 31st, 2021

    A tiara passed down for 150 years through the Royal Family of Italy will highlight Sotheby’s sale of Magnificent Jewels and Noble Jewels in Geneva on May 11. The natural pearls and diamonds tiara from the House of Savoy is estimated at $1-$1.5 million. A new instagram filter available from today on the @Sothebys handle and @SothebysJewels enables followers to virtually try on the tiara and take a photograph of themselves wearing it against a 360 degree background of an Italian palace in Turin. Sotheby’s report an increasing interest in and demand for tiaras. No less than 96% of tiaras offered by them last year found a buyer, with 83% breaking the top estimate.

    LEGENDARY COIN AND STAMP SPECIMENS AT SOTHEBY’S

    Thursday, March 11th, 2021

    The three most legendary coin and stamp specimens in the world will come up at auction at Sotheby’s in New York on June 8. The 1933 Double Eagle, the only example legally sanctioned by the United States government for private ownership; the sole-surviving example of the British Guiana One-Cent Magenta, the most famous and valuable stamp in the world and The Inverted Jenny Plate Block, the most well-known and sought-after American stamp rarity will come up at a dedicated live auction. The first two lots are estimated at $10-15 million, the Jenny Plate Block has an estimate of $5-7 million. They are from the collection of entrepreneur and philanthropist Stuart Weitzman, renowned for creating high-end shoes synonymous with the pinnacle of luxury fashion design. Weitzman is a life-long philatelist and numismatist. All proceeds will benefit charitable ventures, including The Weitzman Family Foundation, which supports medical research and higher education such as the Stuart Weitzman School of Design at the University of Pennsylvania. Other major Foundation projects include a museum in Madrid, the first of its kind, devoted to Spanish Judaica. 

    The British Guiana One-Cent Magenta

    MUNCH SELF PORTRAIT AT SOTHEBY’S CROSS CATEGORY SALE

    Wednesday, March 10th, 2021

    A self portrait by Edvard Munch is among the highlights at Sotheby’s cross category Modern Renaissance sale in London on March 25. The major spring evening sale will cross categories and geographies, spanning over 500 years, from Old Masters to the 21st century. Among the highlights are works by Munch, David Hockney, Jean Dubuffet, Piero del Pollaiuolo, Paul Klee and Pablo Picasso.

    Edvard Munch – Self portrait with palette (£4.5-6.5 million). UPDATE: THIS SOLD FOR £4,334,400

    UNSEEN VAN GOGH TO BE AUCTIONED IN PARIS

    Wednesday, February 24th, 2021

    After a century in the same private collection a painting by Vincent Van Gogh will make its auction debut in Paris in March with an estimate of 5-8 million. Painted in the Spring of 1887 – during Vincent van Gogh’s two-year sojourn in Paris – Scène de rue à Montmartre is from his series depicting the legendary Moulin de la Galette in Montmartre. The work has remained in the same family collection for over 100 years, and despite having been published in seven catalogues, it has never been exhibited until now.  Sotheby’s and Mirabaud Mercier will present it to the public for the first time; with exhibitions to be held in Amsterdam, Hong Kong and Paris ahead of the Impressionist & Modern Art auction on March 25.

    Vincent van Gogh
    Scène de rue à Montmartre (Impasse des deux frères et le Moulin à Poivre), 1887. UPDATE: THIS SOLD FOR €13,091,250

    QUEEN VICTORIA MOURNING JEWELLERY AT SOTHEBY’S

    Monday, February 15th, 2021

    Mourning jewellery belonging to Queen Victoria will come up at Sotheby’s in London on March 24 as part of the family collection of Patricia Mountbatten, Victoria’s great, great grand daughter. Over the course of her long reign Queen Victoria suffered many losses spending decades mourning not only her husband Albert, but also her mother and three of her children. During this time, she adorned herself in black crepe and wearable mementos of her loved ones.

    On December 14, 1878, the anniversary of Prince Albert’s death, Victoria’s third child Alice died of diphtheria at the age of 35. Princess Alice’s youngest daughter, Princess Marie of Hesse and by Rhine, had also died of the same disease at the age of four. Three of the brooches mark Alice’s tragic passing including: an onyx and seed pearl button commissioned by Queen Victoria in 1879 with a portrait miniature of Princess Alice (£1,000-1,500), an agate and pearl pendant with a lock of hair inscribed ‘from Grandmama VR’ as gift from the Queen to Alice’s daughter, Princess Victoria (£1,000-1,500) and a hardstone, enamel and diamond cross centring on an onyx heart with Alice beneath a coronet (£2,000-3,000).

    The fourth was commissioned by Prince Albert circa 1861 for Queen Victoria to mark the death of her mother. An agate and diamond pendant, it opens to reveal a miniature photograph of the Queen’s mother, Princess Victoria of Saxe-Coburg-Saalfeld, later Duchess of Kent, with an inscription by the Prince Consort (£1,000-1,500).

    The Queen’s own mourning jewellery. UPDATE: THESE DOUBLED THEIR ESTIMATES AND BROUGHT IN A COMBINED TOTAL OF £100,800

    BOTTICELLI PORTRAIT SELLS FOR $92,184,000

    Thursday, January 28th, 2021

    Moments ago Botticelli’s Portrait of a young man holding a roundel sold for $92,184,000 at Sotheby’s in New York sale of Master Paintings and Sculpture. It shattered the previous record for a Botticelli by nine times and was the highest price ever paid for an Old Master at Sotheby’s. It was last purchased at auction for $1.3 million in 1982.

    The Botticelli now stands alongside Francis Bacon’s Inspired by the Oresteia of Aeschylus as the second work to have surpassed $80m at auction since Sotheby’s pioneered the new live-streamed auction format some seven months ago.  The sale today is among the auctions which attracted the highest number of participants ever seen in a Sotheby’s live-streamed auction. Some 66% of bidders registered online. This echoes the pattern of 2020, which also saw many new buyers enter the field.

    The Botticelli becomes the second most expensive Old Master ever sold at auction. In 2017 Leonardo’s Salvador Mundi mde $450 million at Christie’s and is the most expensive Old Master ever sold at auction. 

    THE HIGHEST VALUE MASTERS WEEK IN SOTHEBY’S HISTORY

    Monday, January 11th, 2021

    Here is a video on the highest value Masters Week in Sotheby’s history from January 22-30 in New York. It is comprised of seven sales of paintings, drawings, and sculpture including important works spanning across four centuries and two distinct, impressive single owner collections formed by Dr. John O’Brien and Hester Diamond. 

    IRISH ELK ANTLERS AT SOTHEBY’S ROYAL AND NOBLE SALE

    Friday, January 8th, 2021

    A prehistoric pair of fossilised Irish Elk antlers come up as Lot 1 at Sotheby’s Royal and Noble sale online until January 14. They are estimated at £25,000-£40,000. The Irish Elk or giant deer is thought to have originally colonised Siberia before migrating westwards in response to a deteriorating climate. The species became extinct 11,000 years ago. The largest concentration of its remains have been found in Irish bogland and many featured in Irish bnaqueting halls. UPDATE: THESE SOLD FOR £44,100

    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.