Art Investment

And once again the top lots of November auction of contemporary art

Everything at once, "Doggie" Koons for 35-55 million dollars, "Coca-Sola (3)" Warhol 40-60 million, a triptych of Bacon for 85 million, "Silver car crash" Warhol for 60-80 million, and more more

It seems that in the current autumn season, Christie's and Sotheby's have made a major bet on the segment of post-war and contemporary art. This can be seen by the large number of press releases top lots of future sales .

On the auction of Impressionist and modern art, which , by the way , will be held before bidding Contemporary art ( in early November ) has less information . In this segment, while only hear about the painting " Autumn Landscape » for 20-25 million , about " Loggers » Goncharova , Natalia S. for 6.8 million dollars and a few other things. As for the post-war and contemporary art auction that will be held in New York on 12 and 13 November - here that Every day is a new Warhol , Richter or anyone else for tens of millions of dollars, if not pretending to record the entire art market , then at least to a personal record price for the artist . To avoid confusion , we divide the top lots at the auction houses .

Christie's. New York. November 12

The first thing was announced sale of sculpture by Jeff Koons ' stainless steel ' dog of the balloons ( Orange ) » (1994-2000). Estimate of sculpture from the collection of Peter Brant - 35-55 million. The current record for the artist - $ 33.7 million for the sculpture "Tulips » in the same series "Celebration" , it was in last year's autumn auction Christie's. A year has passed - and again exhibited work at the same level , but with the estimate even higher . Let's see if the market is willing to pay even more for inflatable dogs , hearts, and other pop art masterpieces Koons .


Andy Warhol Coca-Cola ( 3). 1962
Christie's. 12.11.2013
Estimate: 40-60 million dollars
Source : Press Release Christie's

The following is a huge Andy Warhol «Coca-Cola ( 3) " 1962 . Black-and- white picture of a man's height from the later works of the King of Pop art distinguishes that Warhol painted it, so to speak, " here these same hands" without the help of assistants and equipment for silk-screen printing. The work auctioned Mughrabi family , which acquired the «Coca-Cola ( 3) " in 1995 from billionaire Samuel Irving ( C ) Newhouse . Offer is estimated as many as 40-60 million dollars .


Andy Warhol Mercedes-Benz W 196 R Grand Prix Car (Streamlined Version, 1954). 1986
Christie's. 12.11.2013
Estimate: 12-16 million dollars
Source : Press Release Christie's

And this, incidentally, is not the only significant Warhol at auction Christie's. There will be another four-meter screen printing «Mercedes-Benz W 196 R Grand Prix Car (Streamlined Version, 1954) ", which spent 30 years in the collection of the German car manufacturer Daimler AG. This 12 images sports car Mercedes-Benz W196 in different colors on a black background. The car, winning 9 of 12 races in Formula 1 season 1954-1955 years , was immortalized by Warhol in 1986 , shortly before his death . Silk screen printing is estimated at 12-16 million dollars .

 FRANCIS BACON Three sketch Lusien Freud. 1969
FRANCIS BACON Three sketch Lusien Freud. 1969
Christie's. 12.11.2013
Estimate on request (85 million dollars )
Source : Press Release Christie's

and finally , the last in order, but not least, the top lot of the auction Christie's November 12 - the legendary Francis Bacon triptych brush " Three sketch Lusien Freud " 1969 . Estimate available upon request. According to leaked to the media reports, the preliminary assessment of the bottom bracket - $ 85 million . This triptych could beat the current record auction prices for works by Bacon, who , from a peak in 2008 holds the "Triptych" 1976 ( 6th place in our ranking of the most expensive works in the world, sold at public auction ). For it at Sotheby's auction in May 2008 Roman Abramovich paid 86,281 million including fees .

Sotheby's. New York. November 13


ANDY WARHOL
Silver car crash ( double fault ) . 1963
Sotheby's. 13.11.2013
Estimate on request (about $ 60-80 million )
Source : Press Release Sotheby's

Sotheby's hurried answer inherited Christie's handwritten creation Warhol «Coca-Cola ( 3) " to their Warhol , no less important, and even more expensive. « Silver car crash ( double fault ) " 1963 of the legendary series "Death and disaster" will be offered at auction on November 13 with an estimate of about $ 60-80 million (the exact estimate - on request) . According to the estimate, at the "Silver car accident " has a chance to beat the current record auction prices for works by Warhol, which is held since 2007 : then the work of the same in 1963 , but the smaller size " Green car crash ( Burning green Machine - 1) "was sold for 71.7 million dollars .

 ANDY WARHOL Liz's number 1 ( Early color Liz .) 1963
Andy Warhol
Liz's number 1 ( Early color Liz ) . 1963
Sotheby's. 13.11.2013
Estimate: 20-30 million dollars
Source : Press Release Sotheby's

continuing the theme of Warhol at Sotheby's auction exhibit the work of " Liz's number 1 ( Early color Liz ) " in 1963 from the collection of Stephen Cohen , head of hedge fund SAC Capital, is currently on trial for insider trading . The court ordered the billionaire to pay $ 1.8 billion , Cohen has agreed to pay 600 million . So the sale of art looks inevitable. Estimate " Liz number 1" is 20-30 million. From the same collection at Sotheby's put the "5 deaths on turquoise background ( Turquoise catastrophe ) " by Andy Warhol for 7-10 million. Oh, and one more item from the same collection - abstraction Gerhard Richter «AB, Courbet» 1986 with an estimate of 15-20 million dollars .


Willem de Kooning
Untitled V. 1975
Sotheby's. 13.11.2013
Estimate: 25-35 million dollars
Source : Press Release Sotheby's

And for a snack - Willem De Kooning , " Untitled V» 1975 for 25-35 million dollars. The work did not appear at a public exhibition in 1980 , is one of the key creative periods - when De Kooning sculpture hobbies after he returned to painting. Estimate of the claims to the personal record. The current record abstraction " Mixing " - 20.7 million - held since 1989 , however , that abstraction was a very different period, ie 20 years older - 1955. Still, almost 25 years have passed since that sale , and possibly de Kooning in 1975 is no less valuable De Kooning 1955, .

terms of the number of lots multimillion upcoming auction Christie's and Sotheby's November 12 and 13 may well surpass the selection of similar auction last year, which , incidentally, were the most successful of these auction houses on a number of parameters. Sotheby's auction November 13, 2012 was the most successful in the history of the auction house : total revenue was $ 375 million including fees . Auction of contemporary and postwar art Christie's November 14, 2012 was a record for the auction house in this segment - the final result was 412.2 million dollars from BP. Assuming that all of the above top lots will go under the upper estimate , the total new records at Christie's and Sotheby's - it is almost settled .

Prepared by Mary Onuchina , AI

Sources : artdaily.com , bloomberg.com , artdaily.com , artinvestment.ru


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