Art Investment

William Turner canvas sold for a record 29.7 million pounds at Sotheby's

In the past July 7 auction Sotheby's «The Old Masters and British Painting" painting by William Turner, overlooking the Roman ruins were sold for 29.7 million pounds and became the most expensive piece of the artist in the reverse auction

Yesterday evening, the auction house Sotheby's in London were trading "Old Master and British paintings. Total for Sotheby's evening auction earned 53.5 million pounds (80.9 million dollars), contrary to general estimeytu 33,8-49,6 million pounds. Of the 57 offered lots were sold to 39 (68,4%). The result in monetary terms amounted to 90,2 percent. 43.6 percent of units sold reached the top the estimate.

main event of the auction was the sale of beautiful paintings by Joseph Mellorda William Turner (Joseph Mallord William Turner) for a record 29.7 million pounds (44 9 million dollars). Painting "Modern Rome - Campo Vachchino" went under the hammer for 29,721,250 pounds to his new owner - the Getty Museum in Los Angeles. According to his instructions for the painting company was struggling London dealer Hazlitt, Gooden & Fox. Estimeyt paintings at 12-18 million pounds.

Modern Rome - Campo Vachchino "- one of the most significant works of Turner ever offered for public auction. Six bidders fought for this work more than five minutes, after which the painting was sold by auction with a new price record. The previous record was set in 2006 when a Venetian view "Giudecca, La Donna della Salute and San Giorgio" sold for 20.5 million pounds (35,9 million dollars).

"Modern Rome" (1839) - one of the last images of the ancient city, made by Turner during his visits to the Italian capital. This monumental canvas by an artist located in the prime of his career, is up for auction for the first time since writing. The picture in 1878 acquired the fifth Earl of Rouzberi (5th Earl of Rosebery) during his honeymoon with Hannah Rothschild (Hannah Rothschild). Since then, the picture was in the family collection. At an auction type of Rome gave the descendants of Count.

auction house Sotheby's is now market leader in sales of works by William Turner, because of the five most expensive oils, Sotheby's sold four: "Modern Rome - Campo Vachchino" «Temple of Jupiter Panhellenic», «Villa Pope in Tuikneme", "Seascape, Folkstoun , and the ten most expensive works of Turner, including oil paintings and watercolors, Sotheby's sold seven.

Other top lots of trades:

Three members of the family rare Brueghel entered the top ten most expensive works of auction. Painting by Pieter Bruegel the Younger "Maypole at the fair Saint George" has found its customers for 2.5 million pounds (3.8 million dollars), becoming the second top-lot trades. And it is the product of "Wedding Feast" gone under the hammer for an amount of 1.6 million pounds, above estimeyta 0,9-1,3 million pounds. Typical Flemish "Rural landscape with horses, carts and figures" by Jan Brueghel the Elder and was sold for 1.6 million pounds (estimate 0,8-1,2 million). All three works appearing at auction for 50 years. They confirmed the successful sale of a confident position Brueghel works on the art market. The previous milestone was selling a painting by Pieter Brueghel the Younger "Massacre of the Innocents" for 4.6 million pounds at Sotheby's in July last year.

Third place at these auction won the work of Dutch painter Jan Leavens (Jan Lievens). "Outline of the head and shoulders bearded old man in a hat", written in about 1629, found a new buyer for a record for the artist's works 2.5 million pounds (estimate 2-3 million) in 2004, this same picture was sold by auction for 1,8 million pounds .

«Kind of a frozen river with a carrier and a horse that pulls the sled loaded with ice," Isaac van Ostade (Isaac van Ostade) went more than twice exceeded the estimate (600-800 thousand), for 1.8 million pounds.

Record this evening found the work of Bernard van Genua (Bernard van Orley), depicting the Blessed Virgin and Child. As a result, the fight no less than three bidders, she was sold to an anonymous buyer on the phone for 993,250 pounds in Estima 500-700 thousand.

in the auction were also set price records for works of Ludwig Schongauer (Ludwig Schongauer), Paul Bril (Paul Bril), Barnaba da Modena (Barnaba da Modena), Francesco di Simone da Santa Croce (Francesco di Simone da Santa Croce), Ottavio Vannini (Ottavio Vannini), James Ward (James Ward, RA).

Top lots of evening trading Christie ' s July 7, 2010 "Old Master and British Paintings»

Lot

Description

Estimeyt, of millions of pounds

Cost, £ / dollars

Buyer

57

Mellord Joseph William Turner « Modern Rome - Campo Vachchino "
world record for the artist's work

12-18

29721250 / 44935558

Hazlitt Gooden & Fox, on behalf of the Getty Museum, Los Angeles, California

9

Pieter Brueghel the Younger
«Maypole at fair Saint George»

2,2-2,6

2505250 / 3787687

An anonymous buyer

19

Jan Leavens
«Sketch of the head and shoulders bearded old man in a hat»
world record for the artist's work

2-3

2 505 250 /3787687

Private collector

27

Isaac van Ostade
«Kind of a frozen river with a carrier and a horse that pulls the sleigh loaded with Ice »

0,6-0,8

1 833 250 /2,771,691

dealer from London

8

Pieter Brueghel the Younger
« Wedding Feast "

0,9-1,3

1,609,250 /2433025

dealer from Europe

13

Jan Brueghel the Elder « Rural landscape with horses, carts and figures »

0,8-1,2

1 609 250 /2433025

Private collector

18

Hendrik Terbryuggen
« Lute Player, Feasting with a young woman holding a glass »

1-1,5

1 273 250 /1925027

Private collector

3

Bernard van Orley
« Holy Virgin and Child, who worship St. Martin and other holy »
world record for the artist's work

0,5-0,7

993 250 /1501695

Private collector

40

Barnaba da Modena
«Madonna with Child, elevated to the throne two angels»
world record for a work artist

0,3-0,5

847 650 /1281562

Private collector

55

Mellord Joseph William Turner
«Kind of Venice from the Fuxin»

0,7-1

825250 / 1247 695

dealer from London

Source: press release Sotheby's


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