Polaroid at auction Tuesday, Mar 9 2010 

The last curtain falls for Polaroid at Sotheby New York in June this year.

1200 Pictures of Ansel Adams and photographs of artists such as  Chuck Close, Robert Rauschenberg, David Hockney, Robert Frank, Robert Mapplethorpe and Polaroid fan Andy Warhol will be on sale.

The entire collection contains about 10,000 photographs but so far no museum is interested in buying this collection and the sale is controversial. Some even say it’s illegal.

Source: www.sothebys.com

Yves Klein masterpiece at auction Friday, Mar 5 2010 

Christie’s will be selling Yves Klein’s ‘ANT 93, Le Buffle’ (The Buffalo).

The painting by the French artist is offered for the first time at auction in New York, USA, on 11 May and is expected to fetch 10 million USD. Klein used females bodies as the paintbrush along with his distinctive ‘International Klein Blue’ colour, the artist’s patented pigment.

ANT 93, Le Buffle (“The Buffalo”) was executed in 1960-61 and is a monumental work from the last great series created by the artist before his untimely death by way of heart attack at the age of 34. Photographs of the artist in his flat in Paris in the early 1960s reveal ANT 93, Le Buffle (“The Buffalo”) hanging prominently on his sitting room wall; the artist with Martial Raysse). Additional examples from this small and rare group can be found at The Centre Pompidou, Paris and Guggenheim Museum, Bilbao.

The work is currently on display at Christie’s London.

Source: http://www.artdaily.org

Giacometti record sale Monday, Feb 8 2010 

When I first heard about that sculpture and how much it has fetched on auction at Sotheby’s London last Wednesday I thought it to be a joke at first. £65m… that is a 65 with six(!) zeros… Well, that should help the bank to get back on track and kiss the economic crisis goodbye.

Here are some excerpts from recent reports:

The stupendous price of £65m fetched by Giacometti’s “L’Homme qui marche 1” (1961) at Sotheby’s on Wednesday was seen by dealers leaving the sale as signalling a dramatic turnaround in the fortunes of the art market. “The money was there, but nothing was available to buy, so the moment good things came back for sale they were going to perform incredibly well,” said Richard Nagy, who described the whole sale as evidence of “pent-up spending”. Financial Times

So big spenders are cutting back? Clearly not all of them. A sculpture of a grimly determined walking man by Alberto Giacometti tonight broke records by becoming the most expensive work of art ever sold at auction when it was bought for £65m. The price, achieved at Sotheby’s in London, was five times more than its estimate of £12m-18m, and beat the record set by Picasso’s Garçon à la Pipe in 2004. That sold in New York for $104,168,000. The Guardian

A life-sized bronze sculpture by Alberto Giacometti, the Swiss artist, has became the most expensive piece of art to ever sell at auction after it sold for more than £65million. The Telegraph

Whatever happens to the broader economy, there will always be super-wealthy individuals who look at the art world either as a passionate collector or a shrewd investor or both. There are institutions, some with state backing, in the market for rare works to fill museums and galleries that have sprouted up, particularly in the Middle East. And while Russian buying may have slowed, China and India have made up for it. Reuters

L’Homme qui marche 1

L’Homme qui marche 1, 1961

Money, money, money Friday, Sep 25 2009 

The recession is certainly affecting all of us one way or the other but what to do to get a little bit of extra cash?

Well, most of us have probably seen TV programs such as ‘Cash in the attic’, ‘Antiques Roadshow’ etc. and wonder if they have something that might be worth a fortune, even if it is just a little fortune. And there are many ways to find out if we have little treasures at home without going national on TV.

When you think ‘auction house’ you probably think Sotheby’s and Christie’s straight away but there are many, many more.
Most of them have specialists on pretty much everything you can imagine: books, prints, drawings, paintings, gold, silver, jewelery, clocks, furniture, china etc. etc. etc. These auction houses usually offer a free quick valuation service which can give you at least an idea of what you have and if it is worth something. If you want a detailed valuation, however, you have to be prepared to pay a certain fee.

As an art historian I am quite down to earth with my little treasures and didn’t expect them to be worth a million but I was intrigued to find out what they might be worth. You can always check Artprice and artnet to find out what similar items were sold for in the past but if you want full access to these databases you will have to pay for subscription.

Hence – to get a second opinion – I went to the valuation day of my nearby local auction house Rosebery’s in South London last Saturday and took two of my originally signed engravings by Richard Müller and a golden bracelet with me. The engravings are dated 1912 and 1915 and the bracelet is, as I found out after a little research, late Victorian although in mint condition because it has been very well looked after.

Victorian bracelet

My research showed me that you can get late Victorian bracelets for around GBP 800-900 and that my engravings might be around the same price each. Well, I was very happy to find out that my research was more or less correct and that I could get even more for the prints. It’s nice to know that there are at least a few treasures in my home but I don’t intend to sell them just now.

What treasures have you got at home?

Sackler Collections on sale Tuesday, Sep 15 2009 

Following up on yesterday’s post, there is more on sale of the famous Sackler Collections.

Sotheby’s New York is holding six auctions over the next five months containing several hundred objects from the Sackler Collections. Altogether Sotheby’s is hoping for a $15 mio. turnover. See their press release here.

Fine Chinese Furniture, Works of Art & Carpets
16 September 2009

Lot. 10

Further dates:

Important English Furniture & Decorations
16 October 2009

Impressionist & Modern Art
4 & 5 November 2009

American Paintings, Drawings & Sculpture
3 December 2009

Antiquities
10 December 2009

Important European Terracotta & Bronze Sculpture
26 January 2010

source & images: www.sothebys.com

Asian Art Week Monday, Sep 14 2009 

It’s Asian Art Week in New York this week and Christie’s is holding dedicated sales on Fine Chinese Ceramics & Works of Art, South Asian Modern+Contemporary Art , Indian and Southeast Asian Art and Japanese and Korean Art.

One of the specials of these auctions is that the Fine Chinese Ceramics & Works of Art sale includes pieces from the Arthur M. Sackler Collections.

Arthur M. Sackler (August 22, 1913, Brooklyn, New York – May 26, 1987, New York City) was an American psychiatrist, entrepreneur and philanthropist. He attended New York University School of Medicine and graduated with an M.D.

Sackler was also a scholar of the arts. He endowed galleries at the Metropolitan Museum of Art and Princeton University, the Arthur M. Sackler Museum at Harvard University in Cambridge, Massachusetts, the Arthur M. Sackler Museum of Art and Archaeology at Peking University in Beijing, the Arthur M. Sackler Gallery of the Smithsonian Institution, in Washington, D.C., and the Jillian & Arthur M. Sackler Wing at the Royal Academy, London.

Favorite auction lots of any of the above sales:

A Miniature Lacquer Writing Box (Suzuribako), Edo period (19th century)

Kano Tsunenobu (1636-1713), Dragon ascending clouds

sources & images: www.christies.com

Auction blows all expectations Thursday, Feb 26 2009 

World record in auction results at Christies in Paris.

The auction house saw a total turnover of over 270 million GBP within it’s 3 days sale this week.

The private collection of Yves Saint Laurent and Pierre Bergé was sold in a three days auction sale at Christies in Paris. The results were mind blowing and exceeded even Christies expectations. Many lots sold for more than twice their estimate. On the evening of the second day Christies published the following press-release:

*******************************

24 February 2009

YVES SAINT LAURENT & PIERRE BERGÉ

COLLECTION OF 20th CENTURY DECORATIVE ART AND DESIGN REALISES

€59.1 MILLION /£52.6 MILLION / $76.5 MILLION

WORLD RECORD FOR A COLLECTION OF 20th CENTURY DECORATIVE ARTS

WORLD RECORD FOR MOST EXPENSIVE WORK OF 20th CENTURY DECORATIVE ART AT AUCTION

Top lot: Eileen Gray’s ‘Dragons’ armchair, circa 1917-1919, sells for €21.9 million /£19.4 million / $28.3 million

Eileen Gray’s lacquered sideboard, 1915-1917 sells for €3.9 million / £3.5 million / $5.1 million

François-Xavier Lalanne’s YSL bar , sells for €2.7 million / £2.4 million / $3.5 million

Jean Dunand pair of lacquered and gilt metal vases, 1925, sells for €3 million / £2.7 million / $3.9 million

12 WORLD RECORDS FOR ARTISTS AT AUCTION 10 WORKS OF ART SELL ABOVE €1 MILLION

Paris – Tonight’s second evening sale at the Grand Palais saw the hammer go down on the highly anticipated 20th Century Decorative Arts section of the Collection of Yves Saint Laurent and Pierre Bergé, offered by Christie’s in association with Pierre Bergé & Associates auctioneers. This meticulously selected group of Art Deco treasures, a sophisticated celebration of one of the most brilliant chapters in Parisian cultural life, realised a total of €59.1 million / £52.6 million / $76.5 million. The star lot of the evening was Eileen Gray’s ‘Dragons’ armchair, circa 1917-1919, which sold for €21.9 million / £19.4 million / $28.3 million, a world record for a work of 20th century decorative art at auction, and a world record for the artist at auction. 10 works of art sold for over €1 million (10 over £1 million and 10 over $1 million). The auction saw a total of 12 artist records established.

Philippe Garner, International Head and Sonja Ganne, European Director, 20th Century Decorative Art & Design said: “Tonight’s sale was a homage to the great personalities, designers, collectors and patrons who so marked their era in Paris in the 1920s and 1930s and, of course, to the pioneering vision of Yves Saint Laurent and Pierre Bergé as collectors.”

Leading highlights of the sale included:

  • The visionary designs of Eileen Gray captivated the imagination of many during the public viewings that Christie’s held in London, New York, Brussels and Paris in association with Pierre Bergé & Associates in the lead up to this sale. Her ‘Dragons’ armchair, circa 1917-1919, originally in the collection of Suzanne Talbot, was the top lot of the night selling for €21.9 million / £19.4 million / $28.3 million, a world record for a work of 20th century decorative art at auction, and a world record for the artist at auction (estimate: €2,000,000-3,000,000). Gray’s unique Enfilade, circa 1915-1917, realised €3.9 million / £3.5 million / $5.1 million (estimate: €3,000,000- 5,000,000) and a ‘satellite’ hanging lamp, circa 1925, which hung in Yves Saint Laurent’s rue de Babylone apartment sold for €2.9 million / £2.6 million / $3.8 million (estimate: €600,000 – 800,000).

  • The Gustave Miklos pair of palm wood and lacquered bronze banquettes, 1928-1929, commissioned by Jacques Doucet, sold for €1.7 million / £1.5 million / $2.2 million (estimate: €2,000,000-3,000,000), a world auction record for the artist.

  • Monumental in size and striking in design, the Jean Dunand pair of lacquered and gilt metal vases, 1925, stirred competitive bidding and sold for €3 million / £2.7 million / $3.9 million (estimate: €1,000,000-1,500,000), a world record for the artist at auction. Bidders competed fiercely for other works by Dunand, such as a vase with a rearing serpent, 1920, which sold for €325,000 / £289,250 / $420,518 (estimate: €25,000 – 35,000), and a pair of armchairs, circa 1925, which sold for €625,000 / £566,250 / $808,688 (estimate: €400,000 – 600,000)

  • Works by Claude Lalanne sold for prices that far exceeded their estimates and a spectacular set of fifteen bronze and galvanised copper mirrors, modelled as branches, 1974-1985, sold for €1.8 million / £1.6 million / $2.4 million (estimate: €700,000-1,000,000), a world record for the artist at auction. Specially commissioned by Yves Saint Laurent, in 1974, they took 11 years to complete.

  • The sculptural YSL bar, François-Xavier Lalanne’s first commission from Yves Saint Laurent, sold for €2.7 million / £2.4 million / $3.5 million (estimate: €700,000- 1,000,000), a world record for the artist at auction. A striking, robust rectangular console executed in steel cut with a blowtorch and patinated, it was a centrepiece of the library in Yves Saint Laurent’s apartment in rue de Babylone.

  • A pair of floor lamps, 1930 by Eckart Muthesius commissioned by the Maharaja of Indore for his Modernist palace sold for €2.5 million / £2.2 million / $3.2 million (estimate: €400,000-600,000), far exceeding the world record for the artist at auction.

Other lots in the sale such as the curule stool of African inspiration, circa 1920-1925 by Pierre Legrain which sold for €457,000 / £406,730 / $591,312 (estimate: €400,000 – 600,000), a circular occasional table, designed by Armand Albert Rateau in 1919 which sold for €1.1 million / £1 million / $1.4 million (estimate: €600,000 – 800,000), and the crystal table lamp, circa 1926 by Jean-Michel Frank, which sold for €193,000 / £171,770/ $249,723 (estimate: €80,000 – 120,000) reflect the uncommon blend of instinctive passion and deep connoisseurship that the collectors applied at every level in their unerring search for refinement and elegance.

ARTIST RECORDS:

Lot 278
Ernest Boiceau
Tapis aux perruches et perroquets, vers 1920
Estimate: €150,000-200,000
Sold for € 601,000
WORLD RECORD FOR ARTIST AT AUCTION

Lot 328
Ivan da Silva Bruhns
Grand tapis de laine, 1925
Estimate: €100,000-150,000
Sold for €229,000
WORLD RECORD FOR ARTIST AT AUCTION
Lot 285
Albert Cheuret
Console aux trois Cobras, 1925
Estimate: €150,000-200,000
Sold for €313,000
WORLD RECORD FOR ARTIST AT AUCTION
Lot 339
Joseph Csaky
Figure, 1921
Estimate: €30,000-40,000
Sold for €145,000
WORLD RECORD FOR ARTIST AT AUCTION
Lot 268
Bernard Dunand
Table basse, 1950
Estimate : €20,000-30,000
Sold for: €67,000
WORLD RECORD FOR ARTIST AT AUCTION
Lot 292
Jean Dunand
Deux vases monumentaux, 1925
Estimate : €1,000,000-1,500,000
Sold for €3,089,000
WORLD RECORD FOR ARTIST AT AUCTION
Lot 276
Eileen Gray
Fauteuil aux dragons
Estimate: €2,000,000-3,000,000
Sold for: €21,905,000
WORLD RECORD FOR ARTIST AT AUCTION
Lot 220
Claude Lalanne
Suite de 15 miroirs aux branchages
Estimate: €700,000-1,000,000
Sold for: €1,857,000
WORLD RECORD FOR ARTIST AT AUCTION
Lot 348
François-Xavier Lalanne
Bar YSL
Estimate: €200,000-300,000
Sold for: €2,753,000
WORLD RECORD FOR ARTIST AT AUCTION
Lot 252
Gustave Miklos
Paire de banquettes, 1928
Estimate: €2,000,000-3,000,000
Sold for: €1,745,000
WORLD RECORD FOR ARTIST AT AUCTION
Lot 350
Eckart Muthesius
Paire de lampes de parquet
Estimate: €400,000-600,000
Sold for: €2,529,000
WORLD RECORD FOR ARTIST AT AUCTION
Lot 319
Marc du Plantier
Table basse, 1937
Estimate : €200,000-300,000
Sold for: €181,000
WORLD RECORD FOR ARTIST AT AUCTION

The Sale of the Collection of Yves Saint Laurent and Pierre Bergé

Grand Palais Avenue Winston Churchill, Paris

Wednesday 25 February 1pm Sculptures and Works of Art

Wednesday 25 February 7pm Asian Art, Ceramics, Furniture, Islamic Art and Antiquities

Images on request

Visit Christie’s Web site at www.christies.com

Yves Saint-Laurent in Paris auction Friday, Feb 20 2009 

Christie’s Paris will have a huge 3 days auction in order to sell the art collection and furniture of the late Yves Saint-Laurent and his partner Pierre Bergé on 23-25 February 2009.

The collection is so extensive that Christie’s published three (!!!) very detailed auction catalogues. To browse these catalogues please see the Christie’s website.

The auction house expects a spectacular turnaround which is highly needed in the current economic market, especially after record sales of contemporary art in early 2008 have left collectors and auctioneers with high expectations… despite the recession every business sector is facing.

My favorites of Yves Saint-Laurent’s collection are undoubtably the exquisite paintings, prints and drawings up to 1900.

PIETER DE HOOCH - Jeune femme

PIETER DE HOOCH - Jeune femme

The returns will be put into trusts for Fashion and AIDS research and I’m curious to see the outcome.

Sources: www.art-magazin.de, www.christies.com

Recent Auction Results Thursday, Feb 19 2009 

Sotheby’s London saw an impressive sale turn around of 32,564,300 GBP on their Impressionist & Modern Art Evening Sale on 5th February 2009.

The 30 lots included works by no lesser artists than Klimt, Rodin and Degas. For the lot numbers as well as the artworks and their prices, please see the Sotheby Website.

Similar good results were seen at Christie’s (31 lots) and Phillips de Pury & Co (53 lots).

Surprisingly enough, works by Frances Bacon and Mark Rothko failed to sell at other auctions.

Art Market Insight says:

In the circumstances, the first sales in February unsurprisingly posted no new records but at least they avoided disaster. Only 21% of Christie’s items remained unsold, but 52% of lots fetched less than their estimations… Sotheby’s pulled off the best sale of the week by selling 25 lots out of 27 and topping a million pounds for three of them.

Sources: www.sothebys.com, www.christies.com, www.artmarketinsight.com

Ketterer reveals Hanns Bolz painting Thursday, Dec 4 2008 

Ketterer Kunst is opening their new exhibition and auction building in Munich (Riem) this week with a 2-day auction. Lot. 230 of yesterday’s sales was a portrait of the art dealer Alfred Flechtheim, painted by Hanns Bolz in 1910/11. It was estimated at € 18.000-24. 000 but sold for € 76.860 in the end.

Alfred Flechtheim by Hanns Bolz, 1910/11

Alfred Flechtheim by Hanns Bolz, 1910/11

Hanns Bolz moved to Paris in 1909 where he took over Picasso’s studio and joined the circle of German artists in rue Gabrielle 49, Montmatre. He was befriended with Max Ernst.

The auction of this painting is a small sensation because Bolz ordered in this will for all his work to be destroyed which is why most of his work is presumed to be lost forever. But this painting has survived and is now, after one year of official research, been declared to be a true and original work of Hanns Bolz.

picture: www.kettererkunst.de

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