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November 2005 Market Intelligence

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Fine art

El regreso de tres cuadros robados

pagina12.com.ar

The article discusses the return of three paintings by Paul Cézanne, Paul Gauguin and Pierre-Auguste Renoir to the National Museum of Fine Arts. The works were part of 17 stolen pieces from the museum in 1980 and were restituted by a French judge and will be exhibited in a special room starting tomorrow.

Fine art

Smith sculpture nets $23.8 million at Sotheby’s contemporary sale

artnews.com

David Smith’s Cubi XXVIII, 1965 led Sotheby’s Part One contemporary sale with $23.8 million, the highest in a contemporary art sale. The work came from Sid Bass and was purchased by Larry Gagosian against Dominique Levy for Eli Broad; the sale totaled $114.5 million from 48 lots. Other top lots included Warhol, Twombly, Basquiat, Bacon, Koons, and several guaranteed pieces, with several high-profile works unsold or undersold.

In Moscow exhibition, Paganini violin bought at Sotheby’s is presented

newsru.ru

The Pushkin State Museum of Fine Arts opened an exhibition titled Ex-Paganini in Moscow. It features the Carlo Bergonzi violin purchased on Sotheby’s on 1 November 2005 for 579,900 pounds sterling. The instrument, insured for $4.5 million, will be heard in Russia on 1 December at the Moscow Conservatory as part of the final concert of the Paganini competition juried by Sergei Stadler.

Fine art

Masterpieces ordered returned to Russia

nbcnews.com

The Swiss government ordered paintings from Moscow's Pushkin State Art Museum, including works by Van Gogh, Cezanne and Picasso, returned after police seized them in a debt dispute involving Noga. The 54 paintings had been loaned to the Pierre Gianadda Foundation in Martigny for a five-month exhibit and were insured at $1 billion.

Из квартиры художественного руководителя Мариинки похищен альт XVIII века

newsru.ru

The article reports that an XVIII‑century cello (alt) was stolen from the apartment of the artistic director of the Mariinsky Theatre in Saint Petersburg. The theft occurred in the Admiralteysky district, the instrument is of cultural and historical value, with insurance valued around 1 million rubles, and a police investigation was initiated.

Fine art

Russia: Switzerland seizes prized art collection tied to Pushkin Museum, seeks debt repayment

rferl.org

The article reports that a prized collection of French paintings from Moscow's Pushkin Fine Arts Museum was seized in Switzerland on behalf of the Noga firm, which claims Russia owes it 680 million. The 54 paintings, including works by Poussin, Monet, Renoir, Gauguin, Matisse, Cezanne, and Picasso, were being returned to Russia after a three-month exhibit and were impounded by Swiss authorities; later, a second ruling allowed the seizure to stand, keeping the paintings at the border. Igor Petrov of the Russian Embassy confirmed Noga's involvement and the earlier cancellation of the seizure.

Fine art

$7.4 Million Parts Princess From Her Art

nytimes.com

Jeff Koons, Richard Prince, Cindy Sherman and Paul McCarthy are among the artists in the 50 works from Princess Gloria von Thurn und Taxis sold at Phillips, dePury & Company; the sale totaled $6.3 million, or $7.4 million with Phillips's commission, and the princess’s daughters Elisabeth and Maria Theresia attended the sale. The high estimate was $7 million.

Fine art

Χρυσή η Πλύστρα του Λοτρέκ

womenonly.skai.gr

Henri de Toulouse-Lautrec's painting titled The Laundress sold for $22.4 million at Christie's in New York, a record for the artist. The sale was part of a modern and impressionist sale that also included Claude Monet’s Water Lilies and Paul Cézanne still lifes, with other works selling for substantial sums.

Russian collector pays $1.1 million for rare Nicolo Paganini violin

english.pravda.ru

A Russian citizen purchased a unique violin made by Carlo Bergonzi that was once owned by Nicolo Paganini. The instrument was bought at Sotheby's for $1.1 million by Maksim Viktorov, who is the chairman of the council of trustees of the Violin Art Foundation. The violin, dated around 1720, is set to be showcased at the closing ceremony of the Paganini International Contest in Moscow. Only about 50 Bergonzi violins are known to exist.

A chance to play Paganini's fiddle

latimes.com

The article reports that winners of an annual Moscow violin competition will have the chance to play for a year on a million-dollar violin once owned by Nicolo Paganini. The violin, part of Paganini’s legendary collection, was purchased by the Moscow-based Violin Art Foundation for $1.01 million through Sotheby’s.

Asta record, Paganini violin sold by Sotheby’s fetches 568,000 pounds

iltempo.it

The Moscow-based Fondazione dell'Arte del Violino bought at Sotheby’s in London the famous violin for 568,000 pounds (about 830,000 euros). Maksim Viktorov announced that a year’s opportunity to play the instrument will be offered to the Paganini International Violin Competition winners in Moscow. The instrument, one of 50 surviving violins by Cremonese luthier Carlo Bergonzi, set a record for his work. Bergonzi built it around 1720, and it passed through several hands before reaching Sotheby’s auction.

Fine art

French collectors boost sales at FIAC

theartnewspaper.com

The Art Newspaper reports that French collectors boosted sales at FIAC, noting François Pinault’s purchases of a Chen Zhen installation from Continua and a Michelangelo Pistoletto mirror from Natalie Seroussi, along with other notable sales and activity at the fair in Paris in early November 2005.

Fine art

MoMA receives 12 Philip Guston paintings

theartnewspaper.com

The Art Newspaper reports that the Museum of Modern Art in New York has received a gift of contemporary art from Edward R. Broida, including 12 Philip Guston paintings among 174 works; Christie’s New York will auction 14 works from the collection, including Mark Rothko’s Homage to Matisse (1954), estimated at $15–$20 million.

Fine art

Appeal over Peter Brant ownership of Warhol

theartnewspaper.com

Kerstin Lindholm is appealing a Connecticut Superior Court ruling that granted Peter Brant ownership of Warhol’s Red Elvis (No.162, October 2005, p.49). Lindholm has been attempting to regain the 1962 multi-image silkscreen since 2000. Her attorney Larry Silverstein of Proskauer Rose says they are appealing the decision and notes Brant’s due diligence concerns; Brant hired Fitz & Co. to publicise his victory after the ruling. Insiders say Lindholm spent upwards of $750,000 on legal fees.

School Violins

stringgearnews.blogspot.com

The page discusses the Anton Breton AB20 Violin Outfit under the School Violins post on String Gear News, announced on Tuesday, November 22, 2005.

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