Art Investment

John Constable Landscape brought a record 22.4 million pounds at Christie's

Another top lot was "Portrait of a man in a gorget and a hat" by Rembrandt, sold for 8.4 million pounds. A summary of the auction, Christie's «Old Master and British paintings," amounted to 85.1 million pounds

yesterday at auction Christie's «Old Master and British paintings," painting by John Constable's "gateway" (1824) was sold for a record 22.4 million pounds (estimate 20-25 million pounds).

Cloth "gateway" put up for auction Baroness Carmen, the fifth wife of a famous collector Hans Thyssen-Bornemisza. The work of Constable wife bought in 1990 for 10.8 million pounds - at the time a record price for the works of British art. On the eve of the auction Christie's Board of Trustees of the Museum Thyssen-Bornemisza and the stepdaughter of the Baroness Carmen publicly condemned her intention Sell ​​sheet , but this did not prevent the Baroness put Constable painting up for auction.

buy paintings, "Gateway" was guaranteed by a third party. According to some dealers, correspondence bet Constable made one of the Russian customers. He was, for lack of other bidders, the picture in the end and went. As expressed in New York dealer Richard Feige (Richard L. Feigen), the price for this level is too modest, it is equal to the price of "a minor Warhol." The dealer explained this fact a lack of interest in such works of collectors. How such an objective judgment to yesterday's trading, it is difficult to say. The organizers of the auction, however, say the influx of new forces in the face of the Asian and Russian customers.

second most expensive work of the evening was "Portrait of a man in a gorget and a hat" (1626-1627) painted by Rembrandt. The canvas, estimated at 8-12 million pounds, was bought for 8.4 million pounds of phone buyers from Asia. Portrait of Rembrandt refers to the string of 11 products originating from the collection of Peter Dresmana, the whole string was yesterday brought a total of 25.3 million pounds.

Rembrandt
Portrait of a man in a gorget and a hat. 1626-1627
Oil on wood. 39,8 x 29,4
Christie's. 03/07/2012. Lot 24
Estimate: £ 8-12 million
Result: 8.4 million pounds
Source: bloomberg.com

At yesterday's auction of updated personal record for works by Italian artist Pietro Lorenzetti (1280-1348): his work on the board, "Christ, Saint Paul and Saint Peter" (ca. 1320) sold over 5 million pounds, three times higher than the estimate of 1-1.5 million pounds.

A summary of the auction, Christie's «Old Master and British paintings," amounted to 85.1 million pounds (estimate 61,8-88,3 million pounds) - a record figure for sales in this category. The previous record belonged to the old masters auction Christie's in December 2009 - 68.4 million pounds.

Prepared by Mary Onuchina, AI

Source: artinvestment.ru


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