Art Investment

George Stubbs canvas went under the hammer for 22.4 million pounds

Yesterday evening auctions at Christie's «Old Masters and British paintings," George Stubbs painting, "a horse on Dzhimkrek Nyumarketskoy wasteland with a trainer, jockey and groom" has reached a record price auction

George Stubbs
racehorse Dzhimkrek on Nyumarketskoy wasteland with a trainer, jockey and groom. 1765
Christie's. 5.07 .2011
Estimate: 20-30 million pounds
Result: 22.4 million pounds
Source: christies.com
< p class = "mat2"> Yesterday evening auctions Christie's «Old Masters and British paintings» George Stubbs (George Stubbs) «racehorse Dzhimkrek on Nyumarketskoy wasteland with a trainer, jockey and groom» hammer price reached a record 22.4 million pounds ($ 36 million). Total trades brought 49.8 million pounds (79.6 million dollars) have gone under the hammer 67%of lots (83%in value terms). Six papers were sold more a million pounds, and 12 - expensive million dollars.

grand (almost two meters in width ) George Stubbs canvas depicting the legendary horse of the victorious Dzhimkreka, winning 28 of 36 races, was offered to the descendants of Lord Vulavingtona with an estimate of 20-30 million pounds. After only bidding now bought a New York gallery owner Piers Davies (Piers Davies). Before auction "Dzhimkreka" guarantee has been issued an unnamed person - in the opinion of knowledgeable dealers, we are talking about the Irish horse breeders John Magnier (John Magnier).

According to a press release from Christie's, the work of Stubbs came in third a list of most expensive Old Master (age old masters - the concept is very loose. The borders of this period, different sources define differently: if the whole concept of "Old Masters" is applied to European painting XIII - XVII centuries., the auction house Christie's extends this the era before the beginning of XIX century. Thus, in the ranking of Christie's, for example, would be canvas "The Modern Rome - Campo Vachchino" William Turner, who was not present in the a recent ranking of the most expensive works of Old Masters from ArtPrice . - AI. ).

Thomas Gainsborough
Portrait of Mrs. William Villebois
Christie's. 5.07.2011
Estimate : 4-6 million pounds
Result: 6.5 million pounds
Source: telegraph.co.uk

The new record price was set at the work of Thomas Gainsborough. Its luxurious «Portrait of Mrs. William Villebois "offered for auction by Viscount Koudreem, went under the hammer for 6.5 million pounds to the director of London-based consulting firm Gurr Johns Harry Smith (estimate 4-6 million pounds).

As noted by London dealer Charles Beddington (Charles Beddington),« yesterday's trading could be called a fantastic success for the British painter, but not too successful for the actual sales of Old Masters ».

Michelangelo sketch for a fresco, "Battle of the Cascine", which is estimated at 3-5 million pounds , only slightly higher than lower estimate: the hammer price was 3.2 million pounds. A work of "Madonna and Child" (1516) painted by Andrea del Sarto (Andrea del Sarto) with the lower estimate: 2.5 million pounds at all was left without a buyer.

London dealer Edmondo di Robilant (Edmondo di Robilant) is surprised that "the previous day is still sold at auction. Although these works are not as popular as 10-20 years ago, they continue to find buyers - usually due to too high a price ».

Prepared by Mary Onuchina, AI

Source: artinvestment.ru


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