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June 2018 Market Intelligence

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Fine art

Painter Arthur Boyd's precious $43m collection to be housed in new fire-proof gallery

abc.net.au

Arthur Boyd's collection, worth $43 million, will be housed in a new fire-proof gallery at Bundanon. The project includes a $28.5 million contemporary art gallery built into a hill at Riversdale, with funding from the NSW Government of $8.5 million. The collection features Boyd and contemporaries Sir Sidney Nolan, Brett Whiteley, John Perceval and Charles Blackman.

Fine art

Baltimore Museum of Art swaps works by Warhol, Kline, Noland, and Rauschenberg for acquisitions by Whitten, Sherald, Mutu, and Yiadom-Boakye

culturetype.com

The Baltimore Museum of Art deaccessioned works by Warhol, Kline, Noland, and Rauschenberg to fund acquisitions by Jack Whitten, Mary Reid Kelley, Patrick Kelley, Amy Sherald, Njideka Akunyili Crosby, Isaac Julien, Lynette Yiadom-Boakye, and others. The swaps and acquisitions aim to diversify the museum’s collection, adding works by artists of African descent and contemporary artists.

Fine art

V&A acquires Dali Mae West Lips sofa for permanent collection

dezeen.com

The Victoria and Albert Museum (V&A) purchased Salvador Dalí's Mae West Lips sofa for its permanent collection with support from Art Fund, V&A members, and a bequest from Derek Woodman. The sofa, inspired by Mae West's lips, was commissioned by Edward James and had been held in the UK since the 1960s, with a temporary export deferral and a funding drive to keep it in Britain.

Fine art

The Baltimore Museum of Art announces first contemporary art acquisitions made with auction proceeds

museumpublicity.com

The Baltimore Museum of Art announces that its Board approved the acquisition of 23 artworks, including works by Njideka Akunyili Crosby, Odili Donald Odita, Amy Sherald, Jack Whitten, Lynette Yiadom-Boakye, Wangechi Mutu, Enrique Chagoya, Bruce Connor, Yun-Fei Ji, Adam Pendleton, Isaac Julien, Mary Reid Kelley and Patrick Kelley, Stephen Towns, and photographers such as Harry Callahan, Kenji Nakahashi, Wang Qingsong, Chuck Ramirez, Toshio Sasaki, Noh Suntag, and Yoshihiro Tatsuki. Some purchases used auction proceeds from deaccessioned works. The acquisitions aim to address historical omissions and broaden representation in the BMA’s collection.

Fine art

Ringing in major sales, Sotheby’s $146 million contemporary art auction reaffirmed the deep pockets of London’s summer season

news.artnet.com

Peter Doig’s Daytime Astronomy (Grasshopper) (1998-99) was estimated £6 million to £8 million and sold for £7,674,400. The article by Colin Gleadell reports Sotheby’s London contemporary art sale achieving £110 million ($146.4 million) with a high level of guarantees and a strong sell-through, contributing to Sotheby’s third-highest June sale total in London.

Fine art

Lucian Freud’s late reclining nude prints record £22.5m in London at Sotheby’s

theartnewspaper.com

Lucian Freud’s Portrait on a White Cover (2002-03) sold at Sotheby’s in London for £19.7m (£22.5m with fees) to become the artist’s most expensive work sold in the city. The 44-lot sale total was £94.2m (£110.2m with fees), with the painting appearing among 25 guaranteed works; the item dates from Freud’s late reclining-nude period and depicts Sophie Lawrence, a Tate cataloguer who sat for him.

Guadagnini violin sold at record price of €1.8 million

pizzicato.lu

The Sinzheimer Guadagnini violin, made during Guadagnini’s Turin period, was sold for £1,587,000 (€1.8 million) at a Tarisio sale, the highest price for an instrument by this maker at auction. The instrument carried a 1937 certification from Fridolin Hamma and was at one time played by Carl Flesch.

Fine art

After selling holdings for sake of diversity, Baltimore Museum of Art acquires work by Jack Whitten, Amy Sherald, and more

artnews.com

The article reports that the Baltimore Museum of Art acquired works including a Jack Whitten painting and a piece by Amy Sherald, funded by proceeds from deaccessioned works by Warhol, Rauschenberg, and Kline. Other acquisitions include works by Isaac Julien, Lynette Yiadom-Boakye, Wangechi Mutu, Mary Reid Kelley, and Patrick Kelley, as well as additional recent acquisitions by Njideka Akunyili Crosby, Harry Callahan, Chuck Ramirez, Wang Qingsong, Yun-Fei Ji, Adam Pendleton, and Odili Donald Odita.

Fine art

Plate painting headlines Fletcher auction

hudsonvalleyone.com

Plate painting headlines Fletcher auction mentions Walter Plate, Willem de Kooning, Mary Cassatt, Joan Miro, Louise Nevelson and Tom Fletcher; artwork discussed includes Abstract Beach Scene by Walter Plate and a Louise Nevelson self-portrait, with starting bid of $7,500 and anticipated sale range of $15,000 to $25,000.

Fine art

A $32.8 million Monet leads Christie's London sale and Napoleon's hat sells for $406,000

hyperallergic.com

The article reports Claude Monet’s La Gare Saint-Lazare, vue extérieure (1877) selling for £24,983,750 ($32,828,648) at Christie’s London evening sale of Impressionist and Modern Art on June 20, 2018, and notes Napoleon's hat selling for $406,000. The Monet piece is highlighted as the top lot in Christie's sale, with additional coverage of other transactions and related museum acquisitions mentioned in the page context.

Fine art

Sotheby’s Market Update: Lost Canova Masterpiece Comes to Auction in London as Exhibition Opens in New York

Sotheby’s

Sotheby’s documents the market development behind Lost Canova Masterpiece Comes to Auction in London as Exhibition Opens in New York. Its account reports that the sale of this remarkable rediscovered work coincides with an exhibition at The Frick Collection in New York that examines the history of one of Canova’s truly lost masterpieces, and the only work he created in America, a full-length statue of George Washington.

Fine art

RESULTS | Modern British Art Evening Sale Launches 20th Century at Christie’s with Highest Category Total

press.christies.com

The press page reports that Christie’s London conducted the Modern British Art Evening Sale, achieving the highest category total to date for the 20th century segment, with selling rates of 94% by lot and 97% by value. Henry Moore’s Head led the sale; world records were set for Barry Flanagan, Emily Young, Ken­neth Armitage, Samuel John Peploe, Sean Scully, William Turnbull, Barbara Hepworth and Lynn Chadwick, among others, with notable prices listed in multiple currencies.

Radio France, Strauss, Gubaidulina dynamic tension in Paris concert review

bachtrack.com

Baiba Skride (violin), Harriet Krijgh (cello), Elsbeth Moser (accordion, bayan) and the Orchestre Philharmonique de Radio France conducted by Mikko Franck performed Shostakovich Octet, Gubaidulina Triple Concerto for violin, cello, and bayan, and works by Strauss (R.) including Salome and Der Rosenkavalier Suite at the Maison de la Radio et de la Musique in Paris on 15 June 2018.

Exhibit of rare Italian master-crafted violas to coincide with Primrose Viola Competition in Los Angeles announced

prweb.com

The exhibit titled The Viola: An Exhibition of Sound, Form and Beauty will showcase master-crafted Italian violas from Amati, Maggini, Tononi, Scarampella, Guadagnini and other old-world makers and bows by Sartory, Peccatte, Ouchard. It runs June 12–16 in Los Angeles and coincides with the 2018 Primrose International Viola Competition sponsored by The Colburn School and the American Viola Society.

Anne Akiko Meyers brings old (expensive) violin and modern attitude to Pacific Symphony

pacificsymphony.blog

The article discusses Anne Akiko Meyers performing with Pacific Symphony using the world’s most expensive violin, a 1741 Guarneri del Gesù known as the Vieuxtemps, loaned to her for life for more than $16 million. Meyers describes the instrument’s care, tone, and her perspective on playing historic violins, including comparisons to famous artworks and her background.

Fine art

Over 400 Lichtensteins donated to Whitney; early van Gogh sells for 8.3 million

hyperallergic.com

Roy Lichtenstein study collection gift announced to the Whitney Museum of American Art, including works across paintings, sculptures, prints, and drawings. The Roy Lichtenstein Foundation will also donate its archives to the Archives of American Art. Vincent van Gogh’s Raccommodeuses de filets dans les dunes, 1882, sold at Artcurial for €7,065,000 (about $8.3 million).

Fine art

Sotheby’s Market Update: One of Turner's Most Important Watercolours Heads To Auction

Sotheby’s

Sotheby’s documents the market development behind One of Turner's Most Important Watercolours Heads To Auction. Its account reports that one of JMW Turner’s most celebrated and important watercolours still held by a private collector is to be offered at auction by Sotheby’s this July.

Exhibit of rare Italian master-crafted violas to coincide with Primrose Viola Competition in Los Angeles announced

benningviolins.com

The exhibit is organized by Reuning & Son Violins and Benning Violins in Los Angeles to showcase master-crafted Italian violas by Amati, Maggini, Tononi, Scarampella, Guadagnini and others, alongside bows by Sartory, Peccatte, Ouchard and contemporary makers. It coincides with the 2018 Primrose International Viola Competition in Los Angeles.

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