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    • Posts Tagged ‘Titian’

    CHRISTIE’S PROJECTS $5.7 BILLION GLOBAL SALES IN 2024

    Wednesday, December 18th, 2024

    Titian’s Rest on the Flight into Egypt sold for a record-breaking £17.6 million in July

    Christie’s is projecting $5.7 billion in global sales in 2024, down 6% on $6.1 billion in 2023. Auction sales at $4.2 billion were down by 16% ($5 billion in 2023) and private sales at $1.5 billion were up by 41%. A total of 81% of bids were placed online compared with 78% the previous year. A company statement said that in 2024 Christie’s experienced a strengthening of auction sales as the year progressed, together with outstanding results for private sales throughout.

    “Our key performance indicators of overall sell through rate of 86%, hammer vs. low estimate index at 112% and bidders per lot of 3.7 all showed growth year over year, indicating that our strategy and focus resonated with sellers and buyers. We sold the most valuable work of the year René Magritte’s L’empire des lumières for $121.2 million from the Mica Ertegun collection; the only lot to sell for over $100 million globally. Christie’s also sold the most valuable jewel of the year, The Eden Rose, for $13.4 million in New York in June.

    The America’s contrubuted around 41% to global sales, Europe, the Middle East and Africa contributed around 32%.

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    NEW WORLD RECORD FOR TITIAN AT CHRISTIE’S

    Tuesday, July 2nd, 2024

    TITIAN – REST ON THE FLIGHT INTO EGYPT

    There was a new world auction record to Titian at Christie’s in London this evening when his early masterpiece Rest on the Flight into Egypt made £17,560,000. The painting was offered by Lord Bath and the Longleat Trustees as part of their long-term investment strategy. It has been owned by Dukes, Archdukes and Holy Roman Emperors, by Napoleon and stolen in the late 20th century.

    Lord Bath said: “It has been fabulous to see the interest in Titian’s work as this unique painting was previewed in the lead-up to this evening’s auction. It has been well-received which clearly demonstrates how the fascination with this exquisite early masterpiece has been maintained across the centuries. It has an extraordinary history, looted by Napoleon, bought by the 4th Marquess in 1878 and then stolen from Longleat in 1995 before miraculously being recovered. As the next chapter in the Rest on the Flight into Egypt’s story is written, I am pleased with the outcome of tonight; which will support our considerable long-term investment strategy at Longleat to build on the vision and legacy of my ancestors for the benefit of future generations.”  The Titian was the top lot at Christie’s Classic Week evening sales, Old Masters Part I and The Exceptional sale, which realised a combined total of  £50,788,420.

    (See post on antiquesandartireland.com for April 4, 2024)

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    EARLY MASTERPIECE BY TITIAN AT CHRISTIE’S IN LONDON

    Thursday, April 4th, 2024

    Tiziano Vecellio, called Titian (Pieve di Cadore circa 1485/90-1576 Venice) – Rest on the Flight into Egypt. UPDATE: THIS SOLD FOR £17,560,000, A NEW WORLD AUCTION RECORD FOR TITIAN

    Titian’s early masterpiece Rest on the Flight into Egypt will headline Christie’s Old Masters Part I sale in London on July 2. Estimated at £15 million – £25 million it offers a very rare opportunity for buyers to become part of the next chapter in this fabled picture’s remarkable story. It is being offered by Lord Bath and the Longleat Trustees as part of their long term investment strategy and is one of the last religious works from the artist’s celebrated early years to remain in private hands. It has been owned by Dukes, Archdukes and Holy Roman Emperors, was looted by Napoleon’s troops in 1809 and stolen from Longleat in 1995. It was recovered seven years later in a carrier bag in greater London, minus the frame.

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    NEW AUCTION RECORD FOR TITIAN AT SOTHEBY’S

    Thursday, January 27th, 2011

    Titian's A Sacre Conversazione (click on image to enlarge)

    There was a new auction record for Venetian Renaissance master Titian at Sotheby’s in New York on January 27.  A Sacra Conversazione: The Madonna and Child with Saints Luke and Catherine of Alexandria sold for $16,882,500 to a European private collector.  The painting is also known as The Mystic Marriage of St. Catherine.  The price paid exceeded the previous record of $13.6 million, which had held for 20 years.  A Sacra Conversazione is one of only a handful of multi-figured compositions by Titian that remain in private hands, and is the most important to appear at auction in decades.

    See antiquesandartireland.com post for November 2, 2010

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    TITIAN MASTERWORK AT SOTHEBY’S

    Tuesday, November 2nd, 2010

    Titian, A Sacra Conversazione to be sold at Sotheby's in New York in January 2011. (click on image to enlarge)

    A monumental Titian features at Sotheby’s sale of Important Old Master Paintings in New York on January 27, 2011.  A Sacra Conversazione:  The Madonna and Child with Saints Luke and Catherine of Alexandria is one of only a handful of multi-figured compositions by the Venetian Renaissance master in private hands. Painted circa 1560 this is a mature work from a time when Titian was being courted by monarchs and emperors.

    Historically referred to as ‘The Mystic Marriage of Saint Catherine’, the present canvas’s subject lies within the more traditional representation of a ‘sacra conversazione’, a holy conversation between the Madonna and Child and the saints.  There is a remarkable provenance.  In nearly 500 years it has only changed hands five times moving from one illustrious private European collection to another and rarely appearing in public at exhibition or at auction. It has not been seen in public since the late 1970’s and Sotheby’s say it is the most important Titian to appear at auction since 1991.
    It is estimated to sell for  $15/20 million.
    UPDATE:  IT sold for $16,882,500

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