Art Investment

Auction of Impressionist and Modern Sotheby's brought $ 200 million

GUSTAV
Gustav Klimt
Littslberg-on-Attersee
Source: bloomberg.com

PABLO
Pablo Picasso
Morning Serenade
Source: bloomberg . com

Yesterday's New York auction of Impressionist and Modern Sotheby's auction a few cheer world, dejected unsuccessful outcome of Christie's auction November 1 . The auction house has earned 199 804 500 dollars within the overall estimate 167,6-229,9 million. Thus, the last auction was a success similar auction Sotheby's, held in May. With the success of selling landscape by Gustav Klimt (Gustav Klimt): failed to rescue him 40.4 million dollars. Records found Gustave Caillebotte works (Gustave Caillebotte), Tamara de Lempicka (Tamara de Lempicka) and Maxim Mofra ( Maxime Maufra). Total has sold 81.4 percent of lots 39 works went under the hammer more million dollars.

«Art Market is unpredictable - commented on Daniella Luxembourg Trade (Daniella Luxembourg), the dealer, who works in New York and London. - is affected nervous situation in the financial markets and global political instability ».

Apparently, she was referring to auction Christie's, who have not reached November 1 even the lower bound estimate - in front of them within two days of the index Standard & Poor's 500 fell 5.2 percent. However, on the eve of yesterday's auction, Sotheby's, he was a little older - by 1.6 percent.

Top-lot auction was already mentioned painting by Gustav Klimt "Littslberg-on-the Attersee" - the picture in 1915 with depicting the scenic hills covered with greenery, towering over the lake in western Austria. Product flashed in the news headlines in the spring of this year: the fact that it has become the subject of restorative dispute, resulting in by Museum of Modern Art in Salzburg, Austria gave the work of George Yorishu (Georges Jorisch), grandson of the former owner of Amalia Redlich (Amalie Redlich) . During the war, Redlich was deported to the Jewish ghetto in Lodz, and the Gestapo sold her collection.

«It's a masterpiece, and it is in excellent condition", - said David Klimt paintings buyer Lachenmann ( David Lachenmann), Zurich dealer who has acquired the work for his client. Despite the excellent results, the picture could not beat the previous record for Klimt's landscapes, set at Sotheby's in February 2010. Then the canvas «The Church in Cassone (landscape with cypress trees)" was sold for 26, 9 million pounds (43 , $ 2 million) estimeyte 19-28,5 million dollars.

Another record, impressionistic landscape by Gustave Caillebotte (Gustave Caillebotte), earned $ 18 million, exceeding the upper 12,000,000th bar. The last time the work of "Bridge over the Seine d'Argenteau" was sold in 2008 for 8.5 million dollars at Christie's in New York.

sensual brunette portrait of Tamara de Lempicka brush 1927, entitled "The Dream (Rafael on a green background)" earned 8.5 million dollars, setting a new auction record for the artist.

However, the total could be much higher if a trades involved claimed a bronze sculpture of Matisse with an estimate of 20-30 million dollars belonging to the Texas Foundation Burnett. The sculpture has not appeared at auction since, along with three other works by Matisse was sold by auction house on November 1 at a private transaction. The company did not disclose either the price or the buyer's name.

painting by Pablo Picasso (Pablo Picasso) 1967 "Night Music" went to call the buyer at $ 23 million (estimate: $ 18 - 25 million). The artist created a painting at the age of 85 years, it has a picture naked man playing the flute, and next to him - a nude woman looking at the viewer (the second wife of Picasso - Jacqueline Rock (Jacqueline Roque)). For the classic work of beating David namadi (David Nahmad) and Larry Gagosian (Larry Gagosian), which in 2009 held a retrospective of Picasso's late works. The last time the picture appeared at auction in 1979, when she brought 49,000 pounds (75,401 dollars) at auction at Sotheby's in London.

interested buyers works from the Museum of Fine Arts, Boston ( Museum of Fine Arts), which brought together 18.4575 million dollars. The main fabric of this group - "Antibes" by Claude Monet (Claude Monet), a panoramic view of the Mediterranean coast - earned 9.2665 million dollars, exceeding the upper threshold estimate of 7 million.

Israel Museum put on bidding the work Rene Magritte (René Magritte) «Straight Road", which brought in the end 3.5545 million dollars estimeyte to 2.5-3.5 million. Sculpture Surrealist Max Ernst (Max Ernst) «A young man with a beating heart," which submitted a museum Menil Collection in Houston, more than double the estimate, earning 1.4265 million dollars. Cloth «White Noise" went under the hammer at 8.9305 million dollars estimeyte 7-10 million dollars .

work of Max Ernst «Convolvulus! Convolvulus! », Who led the string of the artist's private collection of Abstraction - Figuration at yesterday's auction, went to Roland Weinstein (Rowland Weinstein) of Weinstein Gallery (San Francisco) for 3.4425 million dollars estimeyte 1.5-2 million. Three paintings Rene Magritte, whose works in this year's New York unusually large , brought the company's 12,455,500 USD , among them the picture of "Territory", which earned 4,786,500 dollars estimeyte 3.5-5.5 million.

collectors and dealers who came yesterday to the headquarters of Sotheby's in New York, welcomed the dozens gathered in the street next to the auction house technical staff and members of the movement "Bring Wall Street." They whistle, drums and shouts of "shame" could be heard in the hall on the seventh floor, where the auction took place.

Prepared by Mary Estrova, AI < /p>

Source: artdaily.com , artinvestment.ru < /a>


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