The results of the evening trades Impressionist and Modern works of Sotheby's (May 5) and Christie's (May 6)
ARTinvestment.RU   07 мая 2009

Sverhdorogie works by Picasso and Giacometti at the Sotheby's failed, while at Christie's, they climbed to the top of the list of top lots

5 May in New York held an evening auction of Impressionist and Modern works of Sotheby's. The next day, were trading in the same category, organized by the Christie's. Top lots both have been auctions paintings of Pablo Picasso (Pablo Picasso) and sculpture by Alberto Giacometti (Alberto Giacometti).

«Daughter of the artist at the age of two and a half years, holding toy boat» Picasso and «Cat» Giacometti, exhibited at Sotheby's, buyers are not found. Both works were estimated at 16-24 million dollars. Due to the failure of these lots Sotheby's, and not reached the bottom estimeyta: auction brought 61.4 million dollars during the preliminary assessment 81,5-118,8 million. But the failed auction can not be named. Unsold lots were just 7 of 36 (80,6 %).

Aside from these two works by Picasso and Giacometti enormous estimeytami for general background and to consider the outcome of the auction once again, the statistics is quite different: 61.4 million dollars against the backdrop of estimeyta 49,5-70 , 8 million are more than impressive. From 34 lots not sold 5 , 13 lots have gone beyond the upper estimeyta (in some cases, 2 times), and only one lot is not reached bottom estimeyta.

The most expensive work in Sotheby's became minimalistichnaya picture of Piet Mondrian (Piet Mondrian) «Composition in black and white, with double lines». Estimeyt it was 3-5 million dollars, and left it for 9.3 million *.

The second and third places in the list of top lots Sotheby's took the «Portrait of Marjorie Ferry» and «Portrait of the Duchess de La Sall» Brushes Tamara de Lempitski . The first picture has 4.9 million dollars, while the second - 4.5 million. Estimeyt both work at 4-6 million dollars. «Portrait of Marjorie Ferry» took the first line in the list of the most expensive works of Polish art-divas, but was there not for long - the next evening it skinul with pedestal «Portrait of Madame M.» (the same in 1932 and the same size), gone on Christie's for 6.1 million dollars in the evaluation of 6-8 million.

great deal of success at Sotheby's used impressionisticheskie lots. Estimeyty they were lower than that of the modernist, but bought them with great pleasure. For example, landscape «The Valley of the Seine at Le Dame. Garden Oktava Mirbo »brush Camille Pissarro (Camille Pissarro) was estimated at 1-1,5 million dollars, and went for 2.5 million. Cloth «Claude Monet and Madame Errio» Pierre-Auguste Renoir (Pierre-Auguste Renoir) yielded 3.2 million dollars with estimeyte 1,5-2 million. A «sailboats. A small sleeve Seine, Arzhantey »Claude Monet (Claude Monet) went for 3.5 million dollars in the evaluation of 1,2-1,8 million, etc.

Auction Christie's had 102.8 million U.S. at estimeyte 94,9-134,6 million. Buyers have 38 lots out of 48 (79 %).

The most expensive lot was a Christie's later self-portrait by Picasso, entitled «musketeer with tube». He brings an amount within the estimeyta - 14.6 million dollars in the evaluation of 12-18 million. Another painting by Picasso, «Women in the Hat», went for 7.75 million ( estimeyt 8-12 million ) and won the second line in the ranking of top lots. A «Bust of Diego (Stella III)» Alberto Giacometti left already for the 7.7 million, while estimated to be 4,5-6,5 million.

Impressionisticheskie lots at Christie's also sold well. «Collecting apples» Pissarro left for 3.3 million at estimeyte 1,4-1,8 million. «After Bathing. Woman with towel »Edgar Degas (Edgar Degas) a little bit not reached the upper estimeyta (4-6 million).

* All prices are inclusive of Buyer's Premium.

Material prepared Yulia Maksimova, AI

Sources: sothebys.com , christies.com , artinvestment.ru