Edvard Munch: forecast for a new Sotheby’s record

On 21 October, Sotheby’s announced the names featuring in its next New York Impressionist and modern art sale. The sale, to take place on 14 November, will be presenting a masterpiece by Norwegian artist Edvard Munch. Pikene på broen (The Girls on the Bridge), painted in 1902 and estimated at over $50 million, is one of the artist’s most powerful works. Sotheby’s has recorded five sales records for Edvard Munch in the last 20 years; The Scream, dating from 1895, sold for $119.9 million in 2012. Apart from this great name in art history, Sotheby’s is also presenting works by Pablo Picasso — Le Peintre et son modèle, estimated at between $12 and 18 million — from Jean Oestreich Kend’s collection. This work, painted in 1963 and measuring over 150 cm, illustrates all of the artist’s vigour. It has been conserved in the Oestreich collection since its acquisition, in 1968, from the Parisian gallery Louise...

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A record for outsider art at Christie’s

On 22 January 2016, during its inaugural outsider art sale called “Liberation Through Expression: Outsider and Vernacular Art”, Christie’s New York sold a sculpture by William Edmondson, Boxer (1936), for $785,000. This sets a record for outsider art and is a fine surprise for this sculpture that was estimated as being worth $150-250,000. The previous record for a work by William Edmondson dated from 2014, for Mother and Child, sold for $263,000. In all, the sale earned $1.54 million. 44 lots were sold out of the 50 offered for sale. Previously, the auction record for outsider art was held by an untitled work by Henry Darger that went for $745,076 in...

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6M$ for the sale of African and Oceania Art at Sotheby’s Paris

The last sale of the year of the African and Oceania Arts department of Sotheby’s Paris took place on 2 December 2015 and totalled close to $6M. The session brought together various collections created several decades years ago, which led to important auctions. First, the René and Odette Delenne collection – including 34 sculptures of Congo which had been acquired in 2010 by the Cleveland Museum of Art – amassed no less than € 2.9 million, with 100% of lots sold and the Portrait du couple royal Bamileke by the Master of Batoufam, Cameroon, sold for €1.4 million, the highest bid of the day. The collection Murray Frum consisted of €900,250 sales, including the original Luba royal sceptre from the Democratic Republic of Congo awarded for €267,000. This collection was the subject of another session of works of Oceanic art in September in the same house, gathering a total of €8.4 million. A world record was also established for a work by Madagascar, a statue of a young man, sold for € 363,000. The Fang statue from the Louis Carré collection also reported € 423,000. 81% of the lots were sold, and 90% in value were achieved, with nearly 50% of the lots exceeding their high...

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Heffel’s Canadian Art Auction Sets New Record

On 26 November 2015, Artists and Canadian art set new records at Heffel’s winter auction, in Toronto, reaching a record turnover of $23.4m. The leading lot in the sale was the Lawren Stewart Harris canvas, Mountain and Glacier, which sold for a record $4,602,000, with an estimate of only $1,000,000 to 1,500,000. Three of Lawren Harris’s outstanding works sold for a combined total of $9,499,000. Alex Colville’s Harbour pushed past the million dollar mark, reaching a final price of $1,888,000, exceeding its estimate and setting a new record for a Colville work at auction (est. $500,000 – 700,000). Bidder’s interest was centered towards works by Jean Paul Riopelle such as his renowned 1950s canvas Sans titre which passed its estimate and achieved $1,239,000 (est. $500,000 – 700,000). Tom Thomson’s historically significant After the Storm, which experts believe to be the last work he produced before his mysterious death, achieved $1,298,000 (est. $500,000 – 700,000). Roy Lichtenstein’s Modern Room sold for an impressive $141,600 (est. $60,000 – 80,000), a new world record for this print at auction. Barbara Hepworth’s sculpture, Three Forms (Three Horizontal Curves) sold for $342,000 (est. $200,000 – 300,000). Proceeds from the sale of the sculpture will benefit the Montreal Children’s Hospital Foundation. Libellules égarées by Paul-Émile Borduas, founding member of the Automatist movement, sold for a notable $507,400. The canvas was painted during Borduas’s sought-after New York period (est. $200,000 – 300,000). In total, 13 artist records were broken in total at the...

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Bacon and Warhol at Sotheby’s : European record for a Contemporary Art sale

The contemporary art sale held at Sotheby’s London on 1 July 2015 totalled £130.4 M ($204.7 M), breaking the European record for contemporary art sales. The highlights of the sale featured artists Bacon and Warhol, represented by three and nine artworks, respectively. The results proved uneven, as One dollar bill (Silver certificate) (1962) by Warhol, estimated between £13M and £18M, fetched £20.9 M while Bacon’s Self-Portrait (1975), a recently discovered work, was sold for £15.3 M and his Three Studies for Self-Portrait (1980) achieved £14.7 M. This last piece was followed by AB Brick Tower (1987) by Gerhard Richter, which went for £14,15 M. Among the surprises, Lucian Freud’s painting Four Eggs on a plate (2002) was sold for £989,000, nearly ten times its pre-sale estimate. Organised the day after Christie’s Post War & Contemporary sale, this 59-lot sale featured renowned contemporary artists including Jean-Michel Basquiat, Yves Klein, Lucio Fontana, Cy Twombly, Pierre Soulages, Jean Dubuffet, Anish Kapoor, and David Hockney. In total, 23 artworks have been sold for more than a million British pounds, including four which went for more than some £10...

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