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Bidding works of impressionists and modernists, Christie's brought 65.7 million dollars

ARTinvestment.RU – 05.11.2009,13:46

3 November in New York held trading works by Impressionists and modernists Christie's . Customers have found 28 out of 40 lots (70%). Statistics in monetary terms was 71%. Total auction brought 65 674 000 dollars. Crossed the 19 million mark, lots, three of which yielded more than five million.

42% of lots sold went to buyers from Europe, 29% - Americans, 4% - Asians. The remaining 25% of customers have purchased from Eastern Europe and the UAE.

Marc Porter, President of Christie's Americas: «The results of this auction confirms the fact that the outstanding canvases by impressionist and modernist always continue to be in demand among collectors. A striking example of this was a magnificent pastel by Edgar Degas' "Dancers", for which flared up this "war of rates. The same can be said about the works of Rodin, Monet and Tamara de Lempicka ».

 Edgar Degas Dancers. Ok. 1896 Edgar Degas Dancers
Ok. 1896. Paper on cardboard, pastel. 51,1 x 40
Christie's. 03.11.09. Lot number 22
Estimate: 7.9 million
Result: 10.7 million

The largest amount brought pastel by Edgar Degas (Edgar Degas) titled "Dancers" (circa 1896). An anonymous buyer from Asia laid out for her 10.7 million dollars (estimate 7-9 million).

«Portrait of the Marquis Somme" (1925) Brush legend Art Deco Tamara De Lempicka (Tamara de Lempicka) also exceeded the estimate. He went for 4.3 million dollars in assessing the 2-3 million. They say that a collector bought the painting from Russia. Another painting by De Lempicka, Portrait of Madame de Valmy, was sold for 1.37 million (estimate 600-800 thousand).

Tamara de Lempicka Portrait of the Marquis Somme. 1925 Tamara de Lempicka
Portrait of the Marquis Somma
1925 Oil on canvas. 100 x 73
Christie's. 03.11.09. Lot number 34
Estimate: 2.3 million
Result: 4.3 million

picture of Salvador Dali (Salvador Dalí) «Naked on a plain background Rosas" (1942) brought $ 4 million (estimate 2-3 million). The previous owner of a well-earned on its sales: the work was acquired in June 2002 for 468.7 thousand pounds sterling (697 thousand dollars).

 Salvador Dali Nude on a plain background Rosas. 1942 SALVADOR DALI
Nude on a plain background Rosas
1942. Oil on canvas. 50,7 x 50,7
Christie's. 03.11.09. Lot number 37
Estimate: 2.3 million
Result: 4 million

Very decorative works of Claude Monet (Claude Monet), entitled "Vetey on a sunny day" (1901) went for 5.5 million dollars during the preliminary assessment of 5.7 million. This painting - one of several veteyskih landscapes, acquired in 1902 by a gallery Paul Durand-Ruelle; thing and remained there until 1949, when the went under the hammer in the collection of private collector. Today, seven of the 15 landscapes painted in Monet Vetee, are in the world's leading museums, including the Musee d'Orsay in Paris.

Claude Monet Vetey sunny day. 1901 Claude Monet Vetey sunny day
1901. Oil on canvas. 82 x 93
Christie's. 03.11.09. Lot number 19
Estimate: 5.7 million
Result: 5.5 million

«Quay Malake and the Institute", written in 1903, Camille Pissarro (Camille Pissarro) yielded 2.15 million (estimate 1,5-2,5 million). In June of this year, now is trying to sell at Christie's, but it had to withdraw from the auction: the work has been received for the restitution and the heirs of pre-war owners, as usual, there was an intra-family battle, proving to everyone its rightful ownership of the painting and, therefore, seeking to increase its share in its future sale (more about this story, see PS).

 Camille Pissarro Quay Malake and the Institute. 1903 Camille Pissarro
Quay Malake and Institute
1903. Oil on canvas. 54,4 x 65
Christie's. 03.11.09. Lot number 2
Estimate: 1,5-2,5 million
Result: 2.15 million

Painting Wassily Kandinsky in 1929 under the title "The fluctuating triangles "back to the early period of the Bauhaus in Dessau and originating from the collection of the founder of one of the most successful brokerage firms on Wall Street by Jack Dreyfus, was sold for 2.7 million dollars. The canvas is filled geometric shapes, lines, lined up in a curved line, which can be guessed for the urban landscape, or a symbolic image of the campus of the Bauhaus.

 Wassily Kandinsky hesitant triangles. 1929 Wassily Kandinsky
fluctuating triangles
1929. Cardboard, oil. 48,5 x 70
Christie's. 03.11.09. Lot number 15
Estimate: 1,5-2,5 million
Result: 2.7 million

The most expensive sculpture became "The Kiss" by Auguste Rodin (Auguste Rodin): Work with the estimate: 1,5-2 million dollars went for 6.35 million. In previous times "Kiss" appeared at the auction in October 1975 (Sotheby's Parke Bernet). Then he brought 31 thousand dollars. The tumult around the "Kiss" is quite understandable: the sculpture is very rare, to the same cast with the author's life.

Auguste Rodin's Kiss. 1887-1901 
<br> Bronze Auguste Rodin Kiss
1887-1901. Bronze. Height 86,4
Christie's. 03.11.09. Lot number 5
Estimate: 1,5-2 million
Result: 6.35 million

Bronze Degas "Big arabesque, the third time with" left over 662.5 thousand in the evaluation of 500-700 thousand. She bought a London dealer Gilbert Lloyd (Gilbert Lloyd) from the Marlborough Gallery. At Christie's auction in November 2004, she brought 551 thousand. In a similar scenario took place sales sculpture "Monument to Paul Cezanne," Aristide Maillol (Aristide Maillol), departed for 1,4 million dollars (estimate 1,5-2 million). In May 2005, the sculpture brought to Christie's 1,36 million.

«Head of a Woman" by Pablo Picasso (Pablo Picasso), written in October 1943, remained unsold. Her estimate was 7.10 million. The same fate befell the early abstraction of Piet Mondrian (Piet Mondrian), entitled "Composition II, with the red". Rather, the painting, estimated by experts at Christie's 4,5-6,5 million, comes from the Gallery's renowned art dealers Nahmadov who bought it in June 2004 for 1.6 million pounds (nearly $ 3 million).

«I do not think that the results of this auction can be judged on the state of the art market, - says Jonathan Binstok (Jonathan Binstock), an art consultant Citibank. - Just [at auction] was not enough work, able interest to the connoisseurs. " Binstok fought for now Paul Signac (Paul Signac) «Old Port in Cannes", which eventually went for 3.8 million dollars (estimate 2-3 million).

Pablo Picasso Mother and Child. 1925 Pablo Picasso Mother and Child
1925. Oil on canvas. 23,8 x 19
Christie's. 03.11.09. Lot number 10
Estimate: 600-800 thousand dollars
Result: $ 1 million

However, whether the catalog more masterpieces, some works sold very well, probably would go unnoticed. For example, a small painting by Pablo Picasso (Pablo Picasso) «Mother and Child, made in the neoclassical style, went for $ 1 million in Estimé 600-800 thousand. Work bought a London dealer Guy Jennings (Guy Jennings). Last year it was exhibited at Christie's with the estimate: 1-1,5 million, but remained unsold.

article prepared by Julia Maksimova, AI

Sources: artinfo.com , post-release Christie's, artinvestment.ru

P.S. On the history of the restitution and sale of paintings Pissarro "Quay Malake and the Institute" can be read:

History of XX century was reflected in the provenance of one picture .
Why is removed from the auction recaptured restitution Pissarro painting?
«Quay Malake" Pissarro again put up for auction.




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