Art Investment

Results of Shristie's «old masters and paintings of the XIX century"

Results of Shristie's «old masters and paintings of the XIX century amounted to 42.3 million pounds (estimate 33-50 million).

at yesterday afternoon trading «The old masters and paintings of the XIX century» Shristie's auction house, was rescued by 42.3 million pounds (64.2 million dollars) for a total Estima 33-50 million pounds. It sold 70 percent of the lots (47 of the proposed 67). The result in monetary terms amounted to 92 per cent. Ten papers were sold to more 1 million pounds, 12 works - more expensive than $ 1 million. New price records were set for works by Georg Pentz (Georg Pencz), Guercino (Guercino), Giovanni Bellini (Giovanni Bellini), Antonio Joli (Antonio Joli), Philips Wouwerman (Philips Wouwerman) and other artists. Paintings from the collection of assembly Spencer family sold in the total amount of 14.2 million pounds. In the trades involved buyers from the UK (28%), Europe (53%), America (19 %).

Richard Knight, director of the International Department of "Old Masters» Christie's, and Paul Reyson, director of the London department "Old Masters and Art of the XIX century» Christie's, said: "The market for works of classical European art continues to build momentum. This evening auction room was full, trade was continuous. The result was the third auction in the history of auctions in this category in London. The biggest demand was high-class work. The level of prices showed the second result of trades in this category in London, where 10 works were sold for amounts exceeding 1 million pounds each. Our strategy - to combine auctions of paintings of Old Masters of the art of the XIX century and works on paper - continues to yield success, as we have seen an increased level of cross-shopping collectors consistently involved in the bidding of these two categories. We are pleased to note that the record price was reached at an important and rare work of museum-quality brush Georg Pentz "Portrait of Sigismund Baldinger, which went under the hammer for 5.6 million pounds. Just as higher prices were established on the canvases by Rubens, and Guercino from the collection of Spencer families, thus demonstrating a good start for future sales of items from this collection, which will be held this week ».

Top-lot auction was painting by Sir Peter Paul Rubens (Pieter Paul Rubens, 1577-1640) «The commander, ready for the battle, which lasted for the second highest price for the artist's works - 9 million pounds (13,7 million dollars). The canvas, which is one of the two top lots from the collection of Spencer family, was one of the recent acquisitions and complete your collection of their estates Oltorp only in 1802.

The second painting, a tender from the collection of family Spencer - King David, Giovanni Francesco Barbieri hand, better known as Guercino (1591-1666). The work was sold for 5,193,250 pounds (7,883,354 dollars), far exceeded the previous record for a work of the author, is 1,3 million pounds. Almost two-meter-height blade was written in 1651 by order of Giuseppe Locatelli Locatelli for the Palazzo, located in Cesena, and in 1768 purchased by John Earl Spencer I in Rome, through the Scottish artist and art dealer Gavin Hamilton, especially to decorate the living room Spencer Hausa.

«Portrait of the Zygmunt Baldinger" brush Georg Pentz (about 1500-1550) went under the hammer for a record sum of 5,641,250 pounds (8,563,418 dollars). This undoubted masterpiece of the Northern Renaissance is owned by the family posing artist gentleman Baldinger over 376 years, until, until it was acquired by one of the most famous Hungarian collectors of the early twentieth century, most of the works from the collection which now accounts for a large part of the exhibition Budapest Museum of Fine Arts.

Work "Madonna and Child in a landscape" brush Venetian master Giovanni Bellini era Quattrocento (1431/6-1516) was sold for 3,513,250 pounds (5,222,114 dollars), is one of the best works of Bellini, and quite naturally, being the one who set a new record price for the artist's works. The last time the painting was exhibited publicly in 1955. The first mention of the work is found in the list of meeting known collector of the first Earl Dudley (1817-1885).

«Four types of London", a group of four paintings of Italian painter Antonio Joli XVIII century (about 1700 - 1777), sold by auction for 1.44 million pounds (2.2 million) , setting a new auction record price for the work of the artist. On the canvas depicts the most important types of London XVIII century, including St. Paul's Cathedral and Westminster.

price for the work "Check out the hunting unit" brush Philips Wouwerman (1619-1668) - 1.2 million pounds (1.8 million) - also became a record for the works of the author.

Top lots evening auction Christie's July 6, 2010 "The old masters and paintings of the XIX century»

Lot

Description

Estimeyt, of millions of pounds

Cost, £ / dollars

buyer

16

Peter Paul Rubens (1577-1640)
«commander, ready for the battle"
second largest price for the artist's works at auction

8 - 12

9 001 250 /
13663898

An anonymous buyer

30

Georg Pentz (about 1500-1550)
«Portrait of the Zygmunt Baldinger»
world record for the artist's work

5-8

5 641 250 /
8,563,418

anonymous buyer

7

Giovanni Francesco Barbieri (Guercino) (1591-1666) «King David»
world record for the artist's work

5-8

5 193 250 /
7,883,354

anonymous buyer

36

Giovanni Bellini (1431/6-1516)
«Madonna and Child in a landscape»
world record for the artist's work

2,5-3,5

3 513 250 /
5,222,114

anonymous buyer

43

Michele Marieschi (Venice, 1710-1743)
«Port of San Marco. Venice. View pier »

0,8-1,2

1 609 250 /
2,442,842

anonymous buyer

59

Anthony van Dyck (1599-1641)
«Portrait of Anna-Sophia, Countess of Carnarvon»

1,5-2

1 609 250 /
2,442,842

anonymous buyer

53

Joaquin Sorolla and Bastida (1863 - 1923)
«Girl on the beach»

0,8-1,2

1,441,250 /
2,187,818

anonymous buyer

67

Antonio Joli (1700-1777)
«Four types of London: View of the Thames and St. Paul's Cathedral, views of the Thames and Westminster Abbey;" Covent Garden, "" Priv Garden »
world record for the artist's work

0,8-1,2

1,441,250 /
2,187,818

anonymous buyer

18

Philips Wouwerman (1619-1668)
«Check out the hunting squad»
world record for the artist's work

1-1,5

1,217,250 /
1,847,786

anonymous buyer

22

Willem van de Velde the Younger (1633-1707)
«Sovereign ship and other vessels at dawn»

1-1,5

1,161,250 /
1,762,778

anonymous buyer

Source: press release Christie's


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