Art Investment

The results of the auction of modern art Sotheby's

Very good results have shown works by Andy Warhol, Mark Rothko, Jackson Pollock and Jean-Michel Basquiat

On Wednesday evening, the auction house Sotheby's held massive auction of contemporary art . Tenders have been very successful: 50 of 53 lots sold, the overall result - nearly $ 190 million, 22 million above the upper estimate. Despite the fact that Sotheby's failed to get any important collections - such as a collection of Michael Crichton (Michael Crichton), sold out at Christie's May 11 , - the auction house still boasts the two highest results of the week and five personal records.

Of the 50 lots of seven-digit brought the entire amount 39. Dearer than 7 million were sold five works. The star of the auction was the latest (1986) self-portrait of Andy Warhol (Andy Warhol). Huge - nearly three by three meters - painting bought for 32.6 million dollars (estimate 10-15 million). The sale of its titanium exhibited fashion designer Tom Ford (TomFord). There are only five late self-portraits Warhol of this size, and three of them are in museums. Another red, left in May 2002 at PhillipsdePury & Luxembourgza 3.2 million (the buyer was megakollektsioner Peter Brant (PeterBrant)). "Sotbisovsky" self-portrait became the most expensive work of art in 1980.

For nameless track Mark Rothko , written in 1961, managed to rescue the 31.4 million dollars (estimate 18-25 million) . Buyers are not scared even the scandal: the day of the auction agency Bloombergsoobschilo, that the seller Rothko David Martinez (David Martinez) gives in court the previous owner of the picture . A well-known collector from Dallas Margarita Hoffman (MargueriteHoffman) argues that Martinez, putting the work up for auction, thereby breaking the terms of the deal, under which the purchase of fabric must be kept secret. He is accused not only Martinez, but Sotheby's, and gallery L & MArts, brokered a deal with collectors.

In previous times picture appeared on a public auction in 1997 (auction Christie's). Then she brought 1.87 million dollars.

Another rare piece of abstract expressionism, the work on paper by Jackson Pollock "Number 12A, 1948: Yellow, Grey, Black, bought for 8, 7 million dollars in evaluating 4-6 million. The new owner was an art consultant Gabriel Katoun (GabrielCatone). The work, previously owned by a famous avant-garde dealer Betty Parsons (BettyParsons), was sold at Sotheby's in 1987 for 396,000 dollars.

Installation hooligan-conceptualist Maurizio Cattelan (MaurizioCattelan) also left with a significant excess of estimates - a record 7.9 million dollars in Estima 3.4 million. The work was completed in 2001, is a sculpture artist, "peeping" out of a hole in the floor.

  • MAURITsIO Cattelan Without nazvaniya. 2001

collector from Miami John Colby (Jon Colby), the day before unsuccessfully Beat at Christie's for uorholovskuyu "Silver Liz , at Sotheby's was more fortunate. He went to Joan Mitchell abstraction called "Vera Cruz" (1960-1962), for which he laid out $ 4 million (estimate 3,5-4,5 million) and steel mirrored disk Kapoor (Anish Kapoor). Established in 2005, the sculpture cost collector in the 1,08 million dollars (estimate 600-900 thousand). The picture Mitchell was last seen at auction in 1995, when she went for 288.5 thousand dollars.

Abstract Brice Marden (Brice Marden), entitled "Cold Mountain I (path)" (1988-1989) until estimeyta not reach, but still topped the list of the most expensive works of the artist. She bought for 9.6 million dollars. A record amount, he also brought "Conversation III» (2001), Juan Muñoz ( JuanMuñoz) - Arrangement of the six androgynous bronze figures. Specialists Sotheby's estimated it to 2,5-3,5 million, and left it for 4,9 million dollars. Another sculpture, having achieved a high result, - "Untitled (Totem)" (1996) Ellsworth Kelly (Ellsworth Kelly), for her rescue 4 million dollars in evaluating 2-3 million.

Toward the end of the auction with a triumphant result was sold estimated to 1,8-2,5 million painting by Jean-Michel Basquiat (Jean- Michel Basquiat) «Untitled (Stardust)» (1983): work has 7,2 million dollars. During her long fought dealer Larry Gagosian (Larry Gagosian) and an anonymous buyer. The final and defeated.

Sources: artinfo.com , artinvestment.ru


Permanent link to:
https://artinvestment.ru/en/news/auctnews/20100514_sothebys_contemporary.html
https://artinvestment.ru/news/auctnews/20100514_sothebys_contemporary.html

When quoting reference to the https://artinvestment.ru without fail

© artinvestment.ru, 2024

Attention! All materials of the site and database of auction results ARTinvestment.RU, including illustrated reference information about the works sold at auctions, are intended for use exclusively for informational, scientific, educational and cultural purposes in accordance with Art. 1274 of the Civil Code. Use for commercial purposes or in violation of the rules established by the Civil Code of the Russian Federation is not allowed. ARTinvestment.RU is not responsible for the content of materials submitted by third parties. In case of violation of the rights of third parties, the site administration reserves the right to remove them from the site and from the database on the basis of an application from an authorized body.

Услуги ARTinvestment

Арт-консалтинг

Индивидуальные консультации от опытных искусствоведов по любым вопросам в сфере искусства

Составление Инвестиционного Портфеля

Подбор предметов искусства для инвестирования под любую инвестиционную стратегию

Индивидуальная оценка

Наши эксперты проведут профессиональную оценку вашего предмета искусства, учитывая его состояние, авторство, историю и другие факторы

500+

Проведенных аукционов

8 800+

Зарегистрированных пользователей на аукционе

343 000+

Записей в базе

16 000+

Художников в базе

This site uses cookies, it can collect data about IP addresses and users. N 152-FZ «On Personal Data» and continue working with this site, you confirm your consent to the processing of personal data in accordance with the law N 152-FZ «On Personal Data» and «The policy of LTD «ArtIn» with regard to the processing of personal data».