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  • Posts Tagged ‘sotheby’s’

    IN 2021 SOTHEBY’S ACHIEVED STRONGEST TOTAL IN A 277 YEAR HISTORY

    Wednesday, December 15th, 2021

    It has been a record year at Sotheby’s so far in 2021. Driven by strength and depth of demand and an influx of new collectors the consolidated sales at the company now stand at $7.3 billion. This is the strongest total in Sotheby’s 277 year history.

    With more than 20 sales still to go, Sotheby’s standout year to date results includes auctions with a running total of $6 billion and private sales achieving $1.3 billion. As auctions rebounded and clients responded to a seamless digital and physical experience new sale formats and categories attracted a wider audience. A record number of bidders joined in Sotheby’s sales – 44% them new to the auction house. A rise in quality works coming to the market is meeting strong demand from new and established collectors.

    A view of the white glove sale of the Macklowe Collection, which made $676.1 million in New York in November

    LATE GEORGE III CUT GLASS CHANDELIER ANYONE?

    Sunday, December 12th, 2021

    This late George III cut glass 12 light chandelier, described as possibly Irish, comes up at Sotheby’s Town and Country, A Private Collection sale which runs online until December 14. Acquired from Denton Antiques, London in 2003 it is estimated at £15,000-£25,000. The sale also features an Irish cut glass pedestal bowl and a pair of Irish 18th century glass oval wall mirrors by Gresley.

    UPDATE: The chandelier sold for £16,380, the pedestal bowl made £504 and the oval mirrors made £6,300.

    HAMILTON APHRODITE SELLS FOR £18.5 MILLION

    Tuesday, December 7th, 2021

    A marble figure of the Capitoline Aphrodite known as The Hamilton Aphrodite, one of the greatest Roman sculptures in private hands, sold for £18,582,000 at Sotheby’s in London today. It had been estimated at £2-£3million. Dating back to the 1st or 2nd century AD marble lays claim to being the finest single piece of ancient sculpture ever to have resided in Scotland, where it spent 144 years between 1776 and 1919, as one of the main attractions of Hamilton Palace, the seat of the Dukes of Hamilton. The Aphrodite entered the collection of Hamilton Palace in 1776, when it was purchased in Rome by Douglas Hamilton, 8th Duke of Hamilton and 5th Duke of Brandon (1756–1799) from the Scottish neoclassical painter and art dealer, Gavin Hamilton (1723–1798, of no relation to the Duke).

    It was acquired by William Randolph Hearst in 1920 and by the Hungarian born New York based art dealer Joseph Brummer in 1940. It was last sold at auction at Parke-Bernet Galleries, New York in 1949.

    SUCCESSFUL DAY OF IRISH ART SALES AT SOTHEBY’S

    Tuesday, November 23rd, 2021

    Around €5 million worth of Irish art changed hands at Sotheby’s successful day of sales of Modern British and Irish Art and online Irish art today. The top Irish lot was Early Morning, Tangier by Sir John Lavery which made £340,000. The most expensively estimated Yeats of the sale, A Nor’ Western Town, estimated at £350,000-£550,000 and from the collection of Sir Michael Smurfit, failed to find a buyer. A Welcome by Yeats by £226,800 and Paul Henry’s West of Ireland Landscape made £327,600. The Village by the Lake by Paul Henry sold for £277,200.

    At the online Irish art sale Lavery’s portrait of Mrs. Charles Baker made £214,000 and his Study for St. Patrick’s Purgatory, Lough Derg made £113,400. The Face of Victory by Yeats made £100,800, and Engravings by Yeats made £88,200. A Woman Thinking by Sir William Orpen made £81,500 and The Great Blasket by Paul Henry made £75,600. Are You There by Rowan Gillespie made £107,200, Eruption by Cian McLoughlin made £52,920, Heaven is a Place on Earth by Jack Coulter made £42,329 and Cook Shack by Leah Hewson made £8,190.

    Cian McLoughlin – Eruption sold for £52,920

    SMURFIT ART AT SOTHEBY’S IRISH SALES

    Saturday, November 20th, 2021

    An important group of 17 paintings from the collection of Sir Michael Smurfit is at the core of Sotheby’s sales of Modern British and Irish Art and Irish Art online  in London on November 23.  Then 17 works carry a pre-sale estimate of €1.3 million – €2 million.  Overall Sotheby’s estimate that more than 70  Irish works, from the 19th century to the present day and ranging from paintings to sculpture to ceramics, will make  €3 million – €4.6 million. Sotheby’s has run a global campaign in support of these sales which feature Ireland’s most famous painters, Jack B. Yeats, Sir John Lavery, Sir William Orpen, Paul Henry, Louis le Brocquy and Gerard Dillon as well as contemporary artists like Jack Coulter. Most of these works have emerged from private collections and many are making their first appearance at auction. The most expensively estimated Irish painting in the auction is a 1936 oil on canvas by Yeats entitled A Nor’ Western Town (€412,000-€650,000).  From a private collection in Ireland it was exhibited at a Yeats one man show in London in 1936 and at the National Gallery in 1942. Two Paul Henry’s, Connemara Landscape (€177,000-€236,000) and West of Ireland Landscape (€142,000-€212,000) are from a private US collection.A Welcome and South Pacific, both by Yeats and from the Smurfit collection, are estimated respectively at €177,000-€295,000 and €236,000-€354,000. Other highlights from Smurfit include Morning Tangier by Sir John Lavery and Image of W.B. Yeats by Louis le Brocquy.  An oil on board by Gerard Dillon from a private collection in Northern Ireland is entitled Across from Inishlacken and estimated at €94,500-€142,000.The online sale features a 1949 Yeats entitled The Face of Victory (€83,000-€119,000) and The Newly Married Man by Sean Keaing from 1919 (€71,000-€95,000), both from a UK collection.  The Artist’s Studio by Roderic O’Conor (€95,000-142,000) and Sir William Orpen’s Portrait of Grace (€59,000-€83,000). are both from the Smurfit collection.  On the contemporary side there is a bronze by Rowan Gillespie entitled Are You There? (€47,300-€71,000) and Heaven is a Place on Earth by the Belfast artist Jack Coulter.  Both of these works were made this year.

    Rowan Gillespie – Are You There?  at Sotheby’s. UPDATE: THIS MADE €107,100

    Outstanding Irish art at de Veres will come under the hammer next Tuesday evening.  This is a very good sale with top lots by Paul Henry estimated at €200,000-€300,000 and works by Roderic O’Conor and William Orpen each estimated at €150,000-€250,000. At Bonhams sale of Important British and Irish art at Bond St. in London on November 24 there are important works by William Scott, Paul Henry and John Luke. Bonhams Modern British and Irish art sale in Knightsbridge on Tuesday features a number of Irish artists as well.

    On November 29 Whyte’s may yet steal the show this art selling season with a large scale late Yeats painting.  Shouting, at €1.5 million – €2 million, is the most expensively estimated Irish artwork ever to come to auction.  And James Adam will have a great sale on December 8.

    WORLD RECORD FOR ANY BOOK, DOCUMENT, M/S OR TEXT

    Friday, November 19th, 2021

    THIS extremely rare copy of the First Printing of the Final Text of the United States Constitution sold for $43.2 million at Sotheby’s in New York last night. Making more than double the $20 million high estimate it set a world auction record for any book, manuscript, historical document, or printed text. The sale followed an eight minute bidding battle. The underbidder was Constitution DAO, a group of more than 17,000 people from around the world who banded together through social media within the last week to raise money to acquire the document, marking this cryptocurrency effort as the largest crowdfunding initiative ever put together. It is one of just 13 known copies of the official printing produced for the delegates to Constitutional Convention and for the Continental Congress, and only two copies of the first printing of the Constitution that remains in private hands. Full proceeds from the sale will benefit The Dorothy Tapper Goldman Foundation, whose mission is to further the understanding of the constitutional principles and how the acts of all citizens can impact our democracy. 

    **The previous world auction record for any printed text was $14,165,000 for the Bay Psalm Book sold at Sotheby’s New York in 2013

    **The previous world auction record for any book and manuscript was $30,802,500 for The Codex Leicester sold at Christie’s in 1994

    **The previous world auction record for any historical document was $21.3 million for the 1297 Magna Carta sold at Sotheby’s in 2007.

    INNOCENCE AND ANGST AT SOTHEBY’S NOW EVENING AUCTION

    Friday, November 19th, 2021
    Yoshitomo Nara – Nice to See You Again

    Nice to See You Again by Yoshitomo Nara made $15.4 million and was the top lot at Sotheby’s Now evening auction in New York last night. The monumental work epitomises the artist’s career-long exploration of themes of innocence, adolescence, and universal angst. Ostensibly innocuous, the rosy-cheeked, wide-eyed, kawaii girl peers toward the viewer with startling intensity; as one notices her chubby fist brandishing a knife however, any assumptions of vulnerability are undermined. Set against a vibrant periwinkle background Nara’s archetypal child is concurrently innocent and violent, docile and unruly, illustrating the radical potential of subversive and anarchic youth. The Now Evening Auction focussed on art executed in the last 20 years and brought in $71.8 million.

    ONLINE IRISH ART SALE NOW LIVE AT SOTHEBY’S

    Thursday, November 18th, 2021
    Sean Scully – Untitled (1993). UPDATE: THIS MADE £37,800

    Untitled (1993) by Sean Scully comes up at Sotheby’s online auction of Irish art which opens today and runs until November 23. The watercolour and pencil on paper is estimated at £25,000-£35,000. The sale features a selection of works by contemporary artists in Ireland across paintings, sculpture, ceramics and pottery.

    NEW RECORD FOR KAHLO IN $289.2 MILLION SALE AT SOTHEBY’S

    Wednesday, November 17th, 2021

    THE Modern evening auction at Sotheby’s in New York totalled $282.9 million. Claude Monet’s Coin du bassin aux nympheas was the top lot of the evening. It made $50.8 million. Frida Kahlo’s Diego y yo made $35.5 million, a new record both for the artist and for Latin American art.

    Frida Kahlo – Diego y yo

    MACKLOWE COLLECTION MAKES $676 MILLION

    Tuesday, November 16th, 2021
    MARK ROTHKO – NO. 7

     The Macklowe Collection made a total $676.1 million at a white glove sale at Sotheby’s in New York last night. Highlights included Mark Rothko’s No. 7 which sold for $82.5 million, Albert Giacometti’s Le Nez which achieved $78.4 million, Jackson Pollock’s Number 17, 1951 which more than doubled its low estimate to achieve $61.2 million, a new artist record, and Cy Twombly’s monumental Untitled  which sold for $58.9 million.  The 35 pieces belonged to real estate mogul Harry Macklowe and his former wife Linda. The pair were told to sell the collection and split the proceeds during their 2018 divorce trial.