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.
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.
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.
Henri de Toulouse-Lautrec's La Blanchisseuse (1886-1887) was sold for 22,416,000 dollars (18.6 million euros) on November 1 at Christie’s, a world record for the artist, reported by Le Journal des Arts.
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.
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.
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.
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.
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.
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.
Henri de Toulouse-Lautrec’s painting of a young laundress sold for $22.4 million at Christie’s New York, surpassing the artist’s previous record of $14.5 million set in 1997, contributing to a $160.9-million Impressionist and Modern sale in Manhattan.
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.
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.
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.
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.
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.
The violin by Carlo Bergonzi, previously owned by Niccolò Paganini, was sold at Sotheby’s in London for $1.1 million. The new owner is Russian citizen Maxim Viktorov, who is chairman of the board of trustees of the String Art Foundation.