Art Investment

Auction Leonardo DiCaprio earned $ 33 million for wildlife conservation

Almost all the lots charity auction "11th Hour" were donated or specially created by Mark Grotyanom, Banksy, Julian Schnabel, Urs Fischer and others. A preliminary estimate of auction - 13-18 million

Yesterday actor Leonardo DiCaprio in conjunction with the auction house Christie's held a charity auction "11th Hour", the proceeds of which will go to the defense of the last wild places on Earth. The auction was more than successful. All 33 lots went under the hammer, with many exceeding the estimate is three to four times. Set 13 personal records at the work of artists such as Carol Bove (Carol Bove), Joe Bradley (Joe Bradley), Mark Grotyan (Mark Grotjahn), Raymond Pettibon (Raymond Pettibon), Mark Ryden (Mark Ryden) and others. Total revenue was more than $ 33 million, double the estimate of the total trades 13-18 million. Together with additional donations amount received for the conservation of our planet, reached $ 39 million.

MARK GROTYAN
Untitled (Lotus Standard number 11 , Bird of Paradise, a tiger's face with mouth 44.01)
Christie's. 13.05.2013
Estimate: 1,5-2,5 million dollars
Result: 6.5 million dollars
Source: bloomberg.com
Roberto Longhi
Untitled (Leo)
Christie's. 13.05.2013
Estimate: 250-350 thousand dollars
Result: $ 1.6 million
Source: bloomberg.com

Auction name "11th Hour» («The 11th Hour») refers to the eponymous documentary about global environmental issues, skim Leonardo DiCaprio in 2007. The actor has long supported environmental programs. In particular, his foundation working with the World Wildlife Fund. Virtually all lots auction "11th Hour" were donated or specially created for this auction artists. Tax payments were reduced for most jobs, and even Christie's has cut its usually solid commission of up to 5%.

top lot of the auction was the work of Mark Grotyana "Untitled (Standard Lotus number 11, Bird in Paradise, a tiger's face with pasta 44.01) ", while the estimate of 1.5-2.5 million U.S. art dealer Larry Gagosian bought it for 6.5 million dollars. The second most expensive work of the evening was the picture of Chinese artist Zeng Fanzhi "Tiger." Portrait of a snarling predator twice the estimate of 1.5-2.5 million dollars and got a new owner for $ 5 million with the Commission. A charcoal drawing of a tiger on paper by Robert Longo ("Untitled (Leo)") as assessed at 250-350 thousand dollars reached a hammer price of 1.6 million dollars. Only 9 of the 33 lots were sold to more than $ 1 million. Leonardo DiCaprio and he took part in the bidding. From his collection was exhibited work by Andreas Gursky "Ocean V», which brought more than 600 thousand dollars. In addition, the actor has bought himself a job Takashi Murakami for 735,000 dollars.

Prepared by Mary Onuchina, AI

Source: artinvestment.ru


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