Major sculpture consignments at Sotheby’s

As part of their Impressionist and Modern art sale 4 November 2014, Sotheby’s have secured two impressive works of sculpture by 20th-century Masters Modigliani and Giacometti. The Modigliani work Tete is a 73cm-high carved stone head from 1911-1912, which carries an unpublished estimate in excess of $45 million. A similar, slightly smaller, piece sold at Christie’s in 2010 for a then-record $52,328,328; whilst some 25 versions of the elongated female head exist, the one featured in this sale is thought to be the finest example still in private hands, whilst Modigliani sculptures rarely appear at auction. Giacometti’s bronze Chariot also depicts a female deity, with his 1950 145cm-high work showing a characteristically slim woman astride a chariot. Whilst six versions of the burnished gold cast exist, this example is the only painted version in a private collection. The unpublished estimate is said to be in the region of $100 million, following the 2010 success of Giacometti’s L’Homme qui marche I which realised a staggering $104.3...

Tags: , , , , ,

€6.5 million for a Modigliani at Sotheby’s

Paris, 5 December 2013, Art Media Agency (AMA). The sale of Modern and Impressionist art which took place at Sotheby’s in Paris on 4 December realised a sales total of €23.7 million, including fees. The major lot, a 1919 portrait by Italian painter Amedeo Modigliani, Portrait de Roger Dutilleul, sold for €6.5 million (€5.7 million hammer price), just below the given estimation of between €7 and €9 million. In June in London, another Modigliani portrait of the art dealer Paul Guillaume fetched €7.9 million, charges included. Among the other important sales were a Kandinsky piece, Bunt im dreieck (Bigarrure dans le triangle), bought for €1.777 million including charges, and an oil on card by Picasso, Buste d’homme, which exceeded its pre-sale estimation, realising €1.665 million. Another work by the Spanish artist, Peintre et Modèle, surpassed its million-euro estimation, achieving €1.141 million, while Max Ernst’s Louve Romaine was bought for €1.081 million. The sale also saw several pieces by Marc Chagall sold, as well as works by Paul Klee, René Magritte and Joan...

Tags: , , , , , , , ,

Modern and Impressionist Art sale at Sotheby’s Paris

Paris, 27 November 2013, Art Media Agency (AMA). Sotheby’s in Paris is to host an important sale of Modern and Impressionist Art on 4 December 2013. The major lot in the sale is a Modigliani painting, Portrait de Roger Dutilleul (1919), estimated to fetch between €7 and €10 million. The painting of the visionary art collector is one of Modigliani’s last portraits before his death in 1920. Thomas Bompard, director of the Modern and Impressionist Art department at Sotheby’s France, has said of the piece: “We are convinced that the art market will react enthusiastically to this historic sale […] it is the most important modern painting to ever be put under the hammer in Paris by Sotheby’s.” Other lots in the auction, mainly coming from international private collections, are a Pablo Picasso drawing entitled French Kiss (1967), estimated between €250,000 and €350,000; one of Tamara de Lempicka’s first paintings, Deux nus en perspective (1925), estimated between €1,300,000 and €1,800,000; a Kandinsky piece, Bunt Im Dreieck (1927), valued between €1,200,000 and €1,800,000; a Joan Miró sculpture, Souvenir de la Tour Eiffel, expected to fetch between €1,400,000 and €1,800,000; alongside 6 Marc Chagall paintings and numerous Surrealist...

Tags: , , , , , , , , , , , , , ,

Modigliani estbalishes new record in Israeli auction

Jerusalem, 9 July 2013, Art Media Agency (AMA). A work by Italian artist Amadeo Modigliani Portrait de Anne Bjarne has been sold at an auction at Israel’s Matsart for a record price of $8.6m. The piece was sold by Israeli businessman Meshulam Riklis. Though the transaction was made in Israel, the painting itself remained in New York, in order to avoid Israel’s 18% VAT charge. Commenting on the sale in the  Times of Israël, Matsart’s Shmuel Bahagon,explained: “These days, when many individuals are unsure of what to do with their money, and don’t want to invest it in banks, this sale shows that art is an unparalleled channel of investment, especially over the past five years.” The last record to be established at the Israeli auction house was for a work by Camille Pissarro, which sold for $1.2m....

Tags: , , , ,

Christie’s sale of Impressionist, Modern and Surrealist art confirms previous success

London, 8 February 2103, Art Media Agency (AMA). After the very successful 5 February sale, Christie’s announced another thriumphing auction, held on 6 February. The London sale devoted to Impressionist, Modern and Surrealist art made a total turnover of €157.3m. Buyers participating in the auction came from 19 countries and five artists established new records. While the assembly of all works on offer was estimated between €104m and €153m, final result exceeded by far this forecast. 84% of lots was purchased and 94% of total sale value was achieved. The most expensive artwork was the painting titled Jeanne Hébuterne (au chapeau) (1919) by Amadeo Modigliani (1884-1920) sold for €31.04m, fetching twice its original estimate. 32 works were purchased for more than £1m (€1.15m). Among the artworks that set new records we might mention a painting titled  Après le déjeuner (1881) by Berthe Morisot, which established the new auction record for a female artist, a sculpture by René Magritte and works by Alberto Magnelli, Kay Sage and Óscar Domínguez. Other lots worth mentioning are: L’Ombrelle (1878) by Pierre-Auguste Renoir (1841-1919) estimated between €4.6m and €8m, finally sold for €11.1m, Nu accroupi (1960) by Pablo Picasso (1881-1973), purchased for €8.4m (previously valued between €3.5m and €5.8m). This exceptional sale offered as well works by Kandinsky, Miró and...

Tags: , , , , , , , , ,