Art Investment

Auction drawings Erte: sold 80%of the lots

On Saturday, June 8, in Paris was sold out the first part of the collection of drawings created by Erte for the Parisian cabaret owner Helen Martini

Erte Marilyn Monroe. Drawing for the revue "Narcissus»
1955. Paper, gouache, pearl paint, bronze paint. 37 x 27
Source: Catalogue Bailly-Pommery & Voutier

On Saturday, June 8, in Paris, a collection of drawings created by Erte for the Parisian cabaret owner Helen Martini, has collected 256,512 Euro (including commission), organizers said the auction house Bailly-Pommery & Voutier.

Of the 300 drawings famous author with Russian roots, "80%found their customers, many of whom are foreign customers, including Russian, "- said the auction house.

The highest price - 5,625 euro (including commission) - reached the figure for the 1955 revue" Narcissus "in the theater Pigalle, depicting Marilyn Monroe.

series of ten paintings titled "loose women", created for the cabaret "The New Moulin Rouge", many times higher than its estimated value. Thus, "Laskatelnitsy" 1957 with estimates of 400-600 euros went for 4,375 euros (including commission).

itself Helen Martini, whose age is nearing 90 years, personally present in the Drouot auction room and at the request of his fans signed catalogs.

Two subsequent auction session Erte paintings from the collection of Helen Martini will be held in late 2013 and early 2014-th.

Source : press release of the auction house Bailly-Pommery & Voutier


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