Art Investment

"Modern and postwar art" at Christie's - today!

Auction house Christie's announced that the evening auction "Modern and postwar art, which will be held on November 10 in New York, there will be outstanding works of Jean-Michel Basquiat, Andy Warhol and Peter Doig. In total sale will feature 47 lots, the total estimate is that 67-94 million dollars.

Brett Gorvi, director of the International Department of Post-War and Contemporary Art Christie's, said: "We are honored to stand up for auction monumental painting by Jean-Michel Basquiat, written in 1983, which would undoubtedly cause considerable interest among collectors. In November last year, painting by Jean-Michel Basquiat "Untitled (Boxer) "left the auction house Christie's for 13 522 500 dollars , at that time was the second largest amount paid for a work by this artist. The market works Basques still demonstrates reliable results, despite the difficult economic environment. In addition, the bidding exhibited two works of Andy Warhol's famous series "The death and disaster" and a masterpiece of hand Peter Doig ».

Jean-Michel Basquiat, "Brother Ground" (estimate 9.12 million dollars)

This work, which adorns the cover a reproduction of the catalog-reason the artist, is one of the greatest works of Basques. It consists of six panels, which together constitute a detailed pictorial narrative of racial prejudice, human greed and envy, dominant in America in the era of consumerism. Various sources of inspiration (from the crude primitivism of urban graffiti to abstract expressionism 1950), the ambitious format rebellious subjects - all this characterizes this work as one of the highlights of the late phase of the creative artist.

Andy Warhol, "The catastrophe Tuna" (estimate 6.8 million) and "Thirteen" most wanted criminals. Number 3 - Ellis, RB "(estimate 5,5-6,5 million dollars)

A series of works by Andy Warhol's "Death and disaster", on which he worked from the end of 1962 to early 1964, is one of the most famous and provocative. For Silk "Catastrophe Tuna" the artist used the clippings from the newspaper notes on the life of the American suburbs. Photos of the two housewives in conjunction with the image of cans of tuna called to mind the image of the measured daily, which, however, hides a shocking details. To create this work, Warhol used the tragic story of two women from Detroit, who died from food poisoning, the cause of death have become delinquent canned. The contrast between the banality of external image and the absurdity of his tragic context is the leitmotif of all the artist's work.

Silk «№ 3 - Ellis, RB" scandalous series of "Thirteen" most wanted "criminals" put up for auction for the first time since its inception. In 1964, commissioned by the World's Fair in New York, Warhol paid on the facade of the pavilion 13 portraits of murderers, robbers and rapists, using as a primary source of police photographs. This provoked a wave of public indignation, and Warhol himself was asked to paint portraits. At the November auctions is exhibited a portrait of a criminal defendant in a number of brutal murders, which were never caught. In this work, Warhol explores the attraction of evil, when due to hype in the press, people like Ellis, acquire celebrity status.

Peter Doig, "Reflection (How does your soul)" (estimate 4-6 million dollars)

Cloth Peter Doig "Reflection (How does your soul)", written in 1996, was one of the central works of the artist's retrospective exhibition, held at London's Tate Gallery in 2008. Picture name refers to a musical composition DJ Shadow, whose album Endtroducing, released the same year, included a few remixes for the single 1994 "How does your soul" (40-minute composition, created entirely from different genres samples). This technique is similar and very Doig, who drew inspiration for his work in the works of Gustav Klimt, Caspar David Friedrich, Claude Monet and Jackson Pollock. Despite such a versatile impact Doig work reflects a new and completely original image. Over the past six months at Christie's auction for the artist's works were received, two of the three highest amounts - in May 2009 at New York auction of his work" Night Fishing "in 1991 was sold for 4,7 million dollars , and in June 2009 in the London auction sold for 3 million pounds gone painting "Night Court» , written in 1997-1998 .

At Christie's auction also sold 8 of the 10 most expensive works of Andy Warhol. In May 2007, his silkscreen "Green car crash" was bought for 71.7 million U.S. , setting a record price for works of postwar art.

section of contemporary art will, in particular, are three early works by Jeff Koons. One of them - "Large vase of flowers" (estimate 4-6 million dollars) - is a colorful work of 1991, combines a number of complex allusions to the theme of the social hierarchy, taste preferences, and sex. Job "Well of Desires 1998, which is part of one of the most well-known series Koons -" Banality "(mirror, executed in the rococo style, to create artworks inspired by old masters and thoughts of immortality), estimated by experts at the auction house 1.2 -1,8 million. Ends section works Koons installation of two vacuum cleaners in Plexiglas window 1981-1987 period (estimate 2-3 million dollars), develops the theme of the consumer society.

Also at auction is exposed blade Joan Mitchell "Untitled", 1958 (estimate 5-7 million dollars). A rich palette and staccato strokes, which distinguish the most outstanding works of the artist, typical for this work. The extraordinary power of this painting, created by Mitchell at the dawn of his creative career, anticipating everything that will be famous for her mature works.

Source : Press Release Christie's


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