Picture of Barnett Newman sold for 43.8 million dollars at Sotheby's
ARTinvestment.RU   15 мая 2013

Milan landscape Gerhard Richter went for a record $ 37 million. Total evening auction of postwar and contemporary art brought 294 million dollars

yesterday in New York City at the evening auction of postwar and contemporary art Sotheby's auction were set personal bests for the work of Barnett Newman, Gerhard Richter and others. In addition, a sculpture by Yves Klein sold for a record high of 22 million dollars. Total revenue auction was U.S. $ 294 million - a little more than the lower estimate 284 million, but considerably less than the upper estimate of trades 383 million. Do not sell the remaining 11 of the 64 lots, including "Sketch for a portrait of PL "brush Francis Bacon for $ 30-40 million and installation with vacuum cleaners Jeff Koons for $ 10-15 million.

During the struggle of five Barnett Newman's painting contenders «Onement VI» was sold for 43.8 million dollars. The final bid did auction house employee Claudia Dweck (Claudia Dwek), to take bets from his client on the phone. Cloth with the image of two bright blue rectangles separated by a light blue stripe, exceeded the estimate of 30-40 million dollars and became the most expensive work of the artist. The previous auction record for Newman, $ 22.5 million relates to May 2012.

Picture Newman «Onement VI», written in 1953, bought in 1961 by Californian collectors Marcia and Frederic Weisman. Granddaughter told collectors that work graced the living room by the late Marcia Weisman until 1989. In 1990, the painting was bought by Contemporary Art Holding Corp., Which included art dealer Larry Gagosian and newspaper magnate Peter Brant. In 2003, the two men were involved in a scandal related to tax evasion in the resale of a large group of works of art. But the work of «Onement VI» in this group seems to be not included. Officially, the abstraction Newman bought the company Gagosian and Brant in 2000. According to Bloomberg, on yesterday's trading pattern set by Paul Allen, co-founder of the corporation "Microsoft».


GERHARD RICHTER Domplatz, Mailand
(Cathedral Square, Milan). 1968
Oil on canvas. 275 x 290
Sotheby's. 14.05.2013. Lot 20
Estimate: $ 30-40 million
Result: 37.1 million dollars
Source: bloomberg.com

yesterday at Sotheby's updated personal record of Gerhard Richter, he - a record price for the work of living artists. Photorealistic landscape "Cathedral Square, Milan" in its assessment of 30-40 million dollars bought in the hall for 37.1 million New York collector Donald Bryant (Donald Bryant). This landscape was painted by Richter in 1968, commissioned by Siemens Electro, especially for their Milan office. One of the greatest figurative works by Richter held in the Milan office of Siemens 30 years and then got into the Pritzker family - owners of the Hotel Hyatt. Hyatt Hotels Corporation has exposed this canvas yesterday at Sotheby's.

not become a sensation for sale abstraction of Jackson Pollock's" Blue unconscious ». Picture of 1946, the transition to pollokovskoy dripping technique - spray paint on canvas, sold for 20.9 million dollars - the lower end of the estimate of 20-30 million. "Blue Unconscious", one of the seven works of the series "Sounds of Grass," has got to art dealer David Tsvirner, to trade on behalf of a private collector.


YVES KLEIN No title. The sculpture of the blue sponges
1959. Blue pigment, sponges, plastic, metal rod, the stone base
Height 112.7
Sotheby's. 14.05.2013. Lot 12
Estimate on request
Result: $ 22 million
Source: bloomberg.com

At yesterday's auction set a record price for Willow Sculpture Klein. For sculpture in the form of a flower painted blue pigment of marine sponges paid 22 million dollars. Estimate the lot is not disclosed, but according to rumors, it was about $ 20 million. This sculpture Klein was involved in a huge number of exhibitions. Another successful transaction can be called the sale of Cy Twombly, "Untitled (Bolsena)" for $ 15.4 million in the evaluation of 10-15 million dollars.

Tonight evening auction of postwar and Contemporary Art suits Christie's.

Prepared by Mary Onuchina, AI

Sources : Press Release Sotheby's, artdaily.com , bloomberg.com , artinvestment.ru



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