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  • Posts Tagged ‘sotheby’s’

    THE UNIQUE PINK UNVEILED AT SOTHEBY’S TODAY

    Thursday, April 7th, 2016
    The Unique Pink.

    The Unique Pink.

    The “Unique Pink” at 15.38 carats the spectacular stone is the largest fancy vivid pink pear-shaped diamond ever offered at auction, was unveiled at Sotheby’s in London today. It comes up at Geneva on May 17.  The stone’s exquisite pear shape and brilliant cut accentuate its exceptional saturation, placing it in a rarefied category even among the world’s most beautiful diamonds. In addition to receiving the highest possible colour grading for a pink diamond from the Gemological Institute of America (GIA), the “Unique Pink” has been found to be Type IIa, displaying “exceedingly pure structure”. The estimate is US$28-38 million.
    David Bennett, Worldwide Chairman of Sotheby’s International Jewellery Division, commented: “It is difficult to imagine a diamond that better illustrates the term Vivid Pink than this outstanding stone. The colour is simply astonishing and, for its size, it is in my experience truly unique.”

    UPDATE: This sold for US$31.5 million

    PILKINGTON YONGLE MOONFLASK MAKES US$14.2 MILLION

    Wednesday, April 6th, 2016
    Nicholas Chow, deputy chairman of Sotheby's Asia with the Yongle Moonflask.

    Nicholas Chow, deputy chairman of Sotheby’s Asia with the Yongle Moonflask.

    Whatever you do don’t drop it.  Sotheby’s Nicholas Chow holds the Pilkington Yongle Moonflask which has just sold for US$14.2 million at Sotheby’s in Hong Kong. The Pilkington Collection of Chinese Art made a total of US$64.5 million on the fifth day of Sotheby’s Hong Kong spring sales, far exceeding the pre-sale high estimate of US$28.5 million.  The early 15th century blue and white moon flask, inspired in shape and decoration by Middle Eastern models, was the top lot in a sale which achieved spectacular results. The complex geometric design had no precedent in Chinese art. It had had a pre-sale high estimate of $4.5 million.   A blue and white Yongle holy water vessel sold for US$12.7 million.

    Roger Pilkington

    Roger Pilkington

    Spanning 1,000 years of Chinese porcelain production the Pilkington Collection includes rare pieces from the Song, Ming and Qing dynasties.  Around 100 lots came under the hammer. The collection was assembled in the 1950’s and ’60’s by the late Roger Pilkington of the Lancashire glassmaking family.

    DEMAND FOR PICASSO CERAMICS GROWS

    Wednesday, April 6th, 2016
    Pablo Picasso - Tripode and Gros Oiseau.

    Pablo Picasso – Tripode and Gros Oiseau.

    Demand for Picasso ceramics continues apace.  At Sotheby’s in London buyers drove the total for ‘Important Picasso Ceramics’ to almost double pre-sale expectations. The auction raised £2,201,250 with 98% of the lots sold and around a third of buyers new to Sotheby’s. The total had been estimated at £1.14-1.65 million. The top lot was Tripode, a large terre de faïence vase (1951, numbered 47/75), which sold to a private collector for £191,000.  Gros oiseau Picasso, a large terre de faïence vase (1953, numbered 35/75), made £106,250.

    Lucy Rosenburgh, Sotheby’s Picasso ceramics specialist, commented afterwards: “These results demonstrate the enormous appeal of Picasso’s ceramics. Collectors can envisage easily fitting these pieces in their homes and living with them – something Picasso would have delighted in when he decided to produce his editions. Over the past five years, London has proved to be the focal point of this market. This growth has coincided with a renewed academic interest in this extraordinarily innovative body of work, created by Picasso with the same passion as his paintings, sculptures and prints.”

    (See post on antiquesandartireland.com for March 25, 2016)

    A NEW WORLD RECORD PRICE FOR ZHANG DAQIAN

    Tuesday, April 5th, 2016
    Zhang Daqian -  Peach Blossom Spring (1982

    Zhang Daqian – Peach Blossom Spring (1982

    There was a world record for Zhang Daqian at Sotheby’s in Hong Kong today when an important splashed ink and colour masterpiece sold for  US$34.7 million.  Peach Blossom Spring had a high estimate of $8.3 million. It was bought by the Long Museum in Shanghai.  The painting attracted more than 100 bids.  Well-documented in scholarly works and exhibited in leading museums in the United States this monumental scroll is considered to be a pivotal work from Zhang’s late years, alongside Mt. Lu, another landscape by Zhang which is currently held by the National Palace Museum in Taiwan.  The painting set an auction record of US$240,000 in 1987.  It now returns to Asia from the Mactaggart Art Collection.

    After living abroad for more than two decades, Zhang Daqian relocated from the United States to Taiwan in 1976, hoping to settle down for a quiet life at his new riverside idyll on the outskirts of Taipei. Yet, as the suburb gradually grew into a bustling community, Zhang’s quietude was disrupted, inspiring him to paint a tribute to the peaceful town as he once dreamed of it. On this work, Zhang inscribed a poem to express his lifelong search for such a blissful scene.  Monumental in scale, vibrant in hue, this feat of artistic creation reaches over two metres in height and employs mineral pigments to create layers and layers of splashed ink evoking a landscape filled with trees. The heavenly scene stretches from a blank space at the foot of the scroll, where branches of a blossom tree reach upward in pink shades and a small fisherman boat floats by: the picture of natural tranquillity Zhang sought in person, and brought to life in his art.

    VACHERON CONSTANTIN LES MASQUES COLLECTION AT SOTHEBY’S

    Monday, March 28th, 2016
     Set of Twelve Automatic Wristwatches with Day, Date and Engraved Miniature Mask Dial, Métiers d’Art – Les Masques made in 2007 – 2009 (US$1-1.55 million).

    Set of Twelve Automatic Wristwatches with Day, Date and Engraved Miniature Mask Dial, Métiers d’Art – Les Masques made in 2007 – 2009 (US$1-1.55 million).

    A complete set of 12 Vacheron Constantin wristwatches from the ‘Métiers d’Art – Les Masques’ Collection  comes up at Sotheby’s sale of important watches in Hong Kong on April 6.  Making its debut on auction floor each features an engraved tribal mask from the Barbier Muller Museum in Geneva.  The sale will offer more than 340 lots with a total estimate of US$8.2-12 million.

    Sharon Chan, Head of Watches, Sotheby’s Asia, said: “To stay on top of the competitive global watch market Sotheby’s international team of watch specialists have put together a meticulous selection of timepieces for the Important Watches Hong Kong Sale in April, including vintage Patek Philippe and Rolex watches, spectacular enamelled pieces as well as innovative creations by independent watchmakers.  Spanning vintage, modern and contemporary timepieces, the selection offered this season is attractively estimated, including extremely rare pieces appearing in auction for the very first time.”

    PICASSO CERAMICS AT SOTHEBY’S IN LONDON

    Friday, March 25th, 2016

    An auction of important ceramics by Pablo Picasso takes place at Sotheby’s in London on April 5. There are over 200 ceramics, with estimates ranging from £1,000 – 1,500 to £80,000 – 120,000.  The focus of the sale is Picasso’s editioned ceramics and the Nina Miller Collection is highlighted by two unique ceramics Caractère

    Picasso - Caractère

    Picasso – Caractère  UPDATE: THIS WAS UNSOLD

    (£20,000 – 30,000) and Deux Poissons (£25,000 – 35,000).  Beginning with his first trip to Vallauris in the summer of 1946, Picasso remained enchanted by the freedom and expressive nature of the ceramic medium through the last 25 years of his life.  Taken by the idea that anyone could buy, use and decorate their homes with them he was persuaded to make numbered editions of some. There are 633 multiples, usually in editions of from 25 to 500.

    UPDATE: THE SALE REALISED £2.2 MILLION, THE PRE-SALE TOP ESTIMATE WAS £1.6 MILLION

    Picasso - Tripode, Gros oiseau

    Picasso – Tripode, Gros oiseau  UPDATE: TRIPODE SOLD FOR £191,000, GROS OISEAU FOR 3106,250

    Picasso - Deux Poissons

    Picasso – Deux Poissons  UPDATE: THIS SOLD FOR £28,750

    THE SHOES OF ANDY WARHOL

    Saturday, March 19th, 2016

    A complete portfolio of hand-coloured lithographs of shoe designs by Andy Warhol – À la recherche du shoe perdu – together with Shoe and Leg, produced c1955 comes up at Sotheby’s in London on March 22. Warhol was a commercial illustrator for fashion magazines and advertising agencies, and in 1955 he was appointed the sole illustrator of the I. Miller shoe campaign. Warhol made new drawings of shoes each week for advertisements in The New York Times and À la recherche du shoe perdu links directly to his work for I. Miller. Shoes became Warhol’s signature product. In the early 1960s, he moved to the more commercial Pop imagery with which he is now associated.

    The hand-colouring was done by Warhol and his friends – with Dr. Martin’s aniline watercolour dyes – often during ‘colouring parties’. As such, each print is unique. It has been estimated that approximately 100 of each illustration were produced. The captions were written by American poet, Ralph Pomeroy, and transcribed in distinctive calligraphy by Warhol’s mother, Julia Warhola. The text often directly references popular culture, whether Alfred Hitchcock (‘Dial M for Shoe’), Gertrude Stein (‘The Autobiography of Alice B. Shoe’) or Marcel Proust – the title of the portfolio is a riff on Proust’s famous novel À la recherche du temps perdu (In Search of Lost Time, or Remembrance of Things Past).  The portfolio of 18 prints is estimated at £100,000-150,000.  They come up at Sotheby’s sale of Prints and Multiples.

    UPDATE: The Warhol portfolio made £293,000 in a sale which realised £3.2 million.

    ANDY WARHOL 1928 - 1987 A LA RECHERCHE DU SHOE PERDU; AND SHOE AND LEG

    ANDY WARHOL
    1928 – 1987
    A LA RECHERCHE DU SHOE PERDU; AND SHOE AND LEG

    ANDY WARHOL 1928 - 1987

    ANDY WARHOL
    1928 – 1987

     

    AN OPTIMISTIC FRANCIS BACON SELF-PORTRAIT FOR ST. PATRICK’S DAY

    Thursday, March 17th, 2016
    Francis Bacon - Two Studies for a Self-Portrait (1970)

    Francis Bacon – Two Studies for a Self-Portrait (1970)

    A rare optimistic Francis Bacon self-portrait will lead Sotheby’s sale of Contemporary Art in New York on May 11. Two Studies for a Self-Portrait (1970) is at auction for the first time with an estimate of $22-30 million.  It has been in the same private collection since soon after it was painted.   While Bacon is renowned for capturing the tortured psychological depths of human existence in his portraits, the overwhelming positivity of Two Studies for a Self-Portrait renders this work almost unique in the artist’s oeuvre. Here we see an elated Francis Bacon on the cusp of his career-defining retrospective at the Grand Palais in 1971 (Bacon was only the second living artist, after Picasso, to be afforded this honour), and in the throes of his relationship with George Dyer, whose suicide a year later was to haunt Bacon (and shape his art) for decades to come.

    It was exhibited twice: at the acclaimed 1971 Grand Palais retrospective and at the Marlborough Fine Art Small Portrait Studies exhibition in London in 1993.  Its iconic status lies in the fact it was chosen to adorn the cover of Milan Kundera and France Borel’s definitive book Francis Bacon: Portraits and Self-Portraits, confirming its position at the absolute zenith of Francis Bacon’s most significant and enduring body of work. Oliver Barker of Sotheby’s is fulsome about the work:  “Two Studies for a Self-Portrait goes straight in at number one of all the paintings I’ve handled in my career. Discovering a work such as this is like finding gold dust. To my mind, the painting is worthy of a place alongside the very finest self-portraits of Rembrandt, Van Gogh and Picasso. It’s certainly among the greatest self-portraits ever offered at auction.”

    Bacon created only two other self-portraits in this dual format. One of them, Two Studies for a Self-Portrait (1977) sold at Sotheby’s in February 2015 for £14.7m ($22.4m). The year 2016 is set to be a red-letter year for Francis Bacon.  There are upcoming exhibitions at the Grimaldi Forum in Monaco (sponsored by Sotheby’s), at Tate Liverpool, and at the Getty Museum in Los Angeles. The most significant publication on the artist for 30 years, Francis Bacon: Catalogue Raisonné, edited by Martin Harrison, will be released in the next few months and is expected to reveal no fewer than 100 unseen works by the artist.

    FISCHER-SPASSKY MATCH RECALLED IN LONDON AUCTION

    Monday, March 14th, 2016
    A selection of Lothar Schmid's historic chess pieces.

    A selection of Lothar Schmid’s historic chess pieces.

    One of the most important collections of early chess pieces – from the collection of Lothar Schmid referee of the historic match between Bobby Fischer and Boris Spassky –  comes up at Sotheby’s in London on April 20.  Each piece carries huge significance in the evolution of the game throughout Persia and the Middle East. Highlights include an almost complete 10th-century set (£20,000-30,000).  Lothar Schmid (1928-2013) a ‘Grandmaster’ is famed for refereeing what became known as the “Match of the Century”.  The 1972 Cold War face-off between the American challenger Bobby Fischer and Boris Spassky of the Soviet Union was staged in neutral Reykjavik. Fischer won.

    Schmid assembled one of the greatest collections of historic chess pieces, as well as a vast collection of books relating to the game. The library is said to be the world’s largest and most complete, comprising more than 50,000 volumes on the subject. It includes rare copies such as the first printed chess book, dated 1497.  The collection, estimated at £73,800-117,200, will feature as part of Sotheby’s Arts of the Islamic World sale.  T

    LARGEST FANCY VIVID BLUE DIAMOND EVER TO APPEAR AT AUCTION

    Friday, March 11th, 2016
    The De Beers Millennium Jewel 4.

    The De Beers Millennium Jewel 4.

    The largest oval fancy vivid blue diamond ever to appear at auction – the De Beers Millennium Jewel 4 – will lead Sotheby’s Spring sales in Hong Kong on April 5. Th2 10.10 carat internally flawless stone is estimated at US$30-35 million.  Offered for sale from an Asian private collection it is the only oval-shaped stone among the twelve rare diamonds – eleven blue and one colourless – that form the world-renowned De Beers Millennium Jewels collection unveiled in 2000 in celebration of the millennium.  Each of the eleven blue diamonds in the collection boasts a combination of colour intensity, even saturation and brilliance that are rivalled by few other stones.

    QUEK Chin Yeow, Deputy Chairman, Asia, and Chairman International Jewellery, Asia, said, “Over the years Sotheby’s has had the honour to bring to the market many important coloured diamonds, including the Blue Moon of Josephine that set the world auction record for any diamond last November.  The market for coloured diamonds has gone from strength to strength”.

    UPDATE:  It sold for US$31.8 million, the highest price ever paid for a jewel at auction in Asia.