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February 2020 Market Intelligence

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Fine art

Sotheby’s Market Update: Juliana Huxtable Takes on the Art Market With Topical Cream

Sotheby’s

Sotheby’s documents the market development behind Juliana Huxtable Takes on the Art Market With Topical Cream. Its account reports that so in 2020, when Welgos decided to sell a constellation of contemporary artworks to help fund Topical Cream in Sotheby’s Contemporary Online sale, she immediately thought of Huxtable’s work.

Precious violin lost but returned to its owner

thomann.de

The Thomann Blog reports on a 310-year-old violin valued at 290,000 euros that was forgotten on a London suburban train by British musician Stephen Morris, a soloist with the Royal Philharmonic Orchestra. The article notes the violin, a baroque instrument made in 1709 by David Teccler, and mentions two historic bows once belonging to Michael Rabin. After public appeals and CCTV assistance, the owner was likely able to recover the instrument.

Stradivari, tour mondiale da 80 milioni

quotidiano.net

Gianluigi Schiavon reports on the Nippon Violin collection presented in New York, a tour of 14 priceless violins valued at 80 million dollars. The article features Andrea Obiso, Sota Nakazawa and highlights Stradivari instruments, a Guarneri del Gesù, a Guadagnini and a Ruggieri.

Fine art

As the auction-house race for estates continues, Sotheby’s wins 26 blue-chip treasures from the Anderson Collection worth $55 million

news.artnet.com

The article discusses Sotheby’s securing a 26-work consignment from the Anderson Collection, with an expected value of over $55 million. Highlights include Clyfford Still’s 1947-Y-No.1 (1947) and Richard Diebenkorn’s View from the Porch (1959); Mark Rothko’s Green, Blue, Green (1969) and a Rothko drawing (1945) are also featured. The sale is planned for Sotheby’s May contemporary art auctions in New York, with a preview in New York and travel to Los Angeles, San Francisco, and London.

Fine art

Auction houses miss out on $450 million collection of late philanthropist Don Marron

auctiondaily.com

The article discusses Pace, Gagosian, and Acquavella privately selling over 300 works believed worth US$450 million from the late philanthropist Donald Marron, with pieces by Henri Matisse, Pablo Picasso, Ed Ruscha, and others. It notes competition from Sotheby’s, Christie’s, and Phillips and references Wall Street Journal reporting and Artnet Analytics data.

The Red Violin returns to Susanville this weekend

lassennews.com

Elizabeth Pitcairn and her 1720 Mendelssohn Red Stradivarius violin return to Susanville for two Susanville Symphony performances and a benefit event at the White home, with tickets available at Axia Home Loans. The instrument, crafted in Cremona, Italy, has a storied history and is featured in Francois Girard’s film The Red Violin.

Fine art

Sotheby’s to present property from the collection of Harry W. and Mary Margaret Anderson

sothebys.com

Sotheby’s press release announces Property from the Collection of Harry W. and Mary Margaret Anderson as a highlight of its marquee Contemporary Art auctions in New York this May, featuring works from abstract expressionism, West Coast artists, works on paper, and modernist sculpture, led by Clyfford Still’s 1947-Y-No.1 and including pieces by Richard Diebenkorn, Mark Rothko, Henry Moore, and others.

Fine art

Nationalmuseum acquires a work by Artemisia Gentileschi

mynewsdesk.com

Nationalmuseum acquires a painting by Artemisia Gentileschi titled Saint Catherine of Alexandria. The work, likely painted in Naples in the mid-1630s, is depicted with the saint as an intellectual young woman and will be displayed at Nationalmuseum from February 25.

Fine art

Nationalmuseum acquires a work by Artemisia Gentileschi

nationalmuseum.se

Nationalmuseum has acquired a painting by Artemisia Gentileschi, depicting Saint Catherine of Alexandria. The work, probably painted in Naples in the mid-1630s, will be on display from February 25. Artemisia Gentileschi’s Saint Catherine is noted for its dramatic expression, chiaroscuro, and depiction of the saint as an erudite young woman.

Soloist Spotlight: Austin Huntington – Musicians of the Indianapolis Symphony Orchestra

isomusicians.org

The article features Austin Huntington as soloist for the Schumann Cello Concerto with the Indianapolis Symphony Orchestra. It notes his prior appearance this season performing the Beethoven Triple Concerto and includes an interview about the differences between leading the cello section and soloing, his instrument on loan from Bein and Fushi during restoration, and preparation with the conductor.

Fine art

Top results for modern and contemporary African art

artafricamagazine.org

Marlene Dumas, Oktober 1973 sold for R7 055 600; Aspire X Piasa auction achieved multiple high results including Mischek Masamvu’s Voodoo Astronaut sold for R204,840; notable artists include Marlene Dumas, William Kentridge, John Meyer and Andy Warhol with a focus on Africa and the diaspora in a landmark Aspire Art Auctions and Piasa collaboration.

Music at the Museum begins fifth year at Bennington Museum

benningtonbanner.com

The article discusses Bennington Museum's Music at the Museum concert series starting its fifth year with a 2 p.m. February 29 performance by Quartet 131, featuring Lilit Gampel and Laura Jean Goldberg on violin, Andy Lin on viola, and Robert La Rue on cello. The program includes Haydn, Brahms, Griffes, and Dvorak pieces and takes place in the Ada Paresky Education Center and Paul Paresky Court; admission is free for museum members and non-members may reserve or view galleries separately.

Fine art

Sotheby’s Market Update: Sotheby's Contemporary Art Evening Auction Totals £92.5 million in London

Sotheby’s

Sotheby’s documents the market development behind Sotheby's Contemporary Art Evening Auction Totals £92.5 million in London. Its account reports that 11 February 2020: Tonight in London, Sotheby's Contemporary Art Evening Auction totalled £92,488,659 / $119,310,370 / €110,061,504, against a pre-sale estimate of £75.3-104.7 million.

Fine art

Sotheby’s Market Update: Over Thirty Further Works from the Legendary Najd Collection Head to Auction

Sotheby’s

Sotheby’s documents the market development behind Over Thirty Further Works from the Legendary Najd Collection Head to Auction. Its account reports that on 22 October 2019, thirty-six works from the legendary Najd Collection together sold for a record total of £33.5 million, with nine further records broken for the greatest exponents of the genre.

Patient plays violin to save her music as surgeons remove brain tumour

reuters.com

Dagmar Turner, 53, played her violin during brain surgery to remove a tumour from the right frontal lobe so surgeons could preserve her musical ability. The operation at King’s College Hospital, London, involved mapping her brain and having her play the instrument as the tumour was removed, with over 90% of the tumour removed while keeping function in her left hand.

Fine art

The Marron collection headline: three top rival galleries join forces to sell it

news.artnet.com

The article discusses the late philanthropist Donald Marron’s collection, reportedly worth over $450 million, being sold jointly by Pace, Gagosian, and Acquavella. It mentions Pablo Picasso, Mark Rothko, and Cy Twombly as highlights and notes the private sale arrangement alongside gallery collaboration in Chelsea in May.

Country music and 18th century violins. What to listen to at 10th Voronezh Platonov Festival

en.riavrn.ru

The article previews the 10th Voronezh Platonov Arts Festival, noting it runs June 5–21 with over 400 artists from 19 countries and announces ticket sales starting February 15. It highlights Shlomo Mintz performing (violin) with the Symphony Orchestra of the Voronezh Concert Hall and mentions the festival’s musical program ranging from classical to contemporary folk.

Fine art

Christie’s post-war and contemporary evening achieves £56 million

salonprivemag.com

Andy Warhol’s Muhammad Ali, 1977 led the sale, with top lot priced at £4,973,250. Works by Jean Dubuffet and several 21st‑century paintings also achieved strong prices, including Cecily Brown’s Girl Trouble (£1,482,307) and Tschabalala Self’s Spare Moment (£212,500). The auction total was £56,180,434 with high sell-through rates.

Fine art

US banker buys Brexit Banksy at Sotheby's, making a bigger splash than David Hockney’s pool painting

theartnewspaper.com

The article reports Sotheby’s contemporary evening sale in London, noting Banksy’s Vote to Love (2018) sold for £950,000 (£1.2m with fees) to Bartow Morgan, and David Hockney’s The Splash (1966) sold for £21m. It highlights the presence of a Georgian-born banker as a key buyer and references broader market context amid Brexit and Sotheby’s changes in leadership.

Fine art

$29.8-million Hockney can’t escape Brexit’s shadow at Sotheby’s in London

artsy.net

David Hockney’s The Splash (1966) sold for £23.1 million (£21 million hammer price) at Sotheby’s in London, equating to $29.8 million with fees. The auction total was £92.4 million ($119.4 million) with a 93.5% sell-through rate. The sale followed post-Brexit uncertainty in London’s contemporary art auctions.

Fine art

David Hockney's The Splash sells for 23 million pounds in London

reuters.com

David Hockney's painting The Splash sold for 23.1 million pounds at Sotheby's in London, with a pre-sale estimate of 20 to 30 million pounds. The work is a 1966 square acrylic depicting the moment water splashes in a pool after a diver enters, and is part of a trio of splash paintings including A Little Splash and A Bigger Splash.

Fine art

David Hockney artwork The Splash leads Sotheby’s Contemporary Art Evening Auction, selling for £23,117,000

sothebys.com

David Hockney's The Splash sold for £23,117,000 at Sotheby’s Contemporary Art Evening Auction in London. The piece is highlighted as a defining work of Pop Art and was the third highest price by Hockney at auction. Other notable works mentioned include Adrian Ghenie's The Arrival (sold for £4,184,500) and Francis Bacon's Turning Figure (sold for £7,032,000).

For an Australian in ny premieres grand, intimate

classicalvoiceamerica.org

The article discusses Brett Dean's works in New York, including the New York premiere of his Cello Concerto performed by Alban Gerhardt under Simone Young, and the U.S. premiere of his String Quartet No. 3, Hidden Agendas, by the Doric String Quartet. It notes Dean's background and the conductors and soloists involved.

UCLA receives Stradivarius and Seraphin violins from Twiford Foundation

newsroom.ucla.edu

The UCLA Herb Alpert School of Music receives a 12-piece collection of bows and violins from the Twiford Foundation, including violins by Antonio Stradivarius and Sanctus Seraphin. The collection is valued at nearly $3.5 million and includes bows by Nikolai Kittel and Francois Tourte; UCLA already owns a Stradivarius named the Duchess of Alcantara, bringing the total to two of 248 known Stradivarius violins.

Fine art

The €15m Van Gogh which was once sold in a farmyard auction for just £4

theartnewspaper.com

The painting is Vincent van Gogh’s Peasant Woman in front of a Farmhouse (Paysanne devant une chaumière), authenticated by the Van Gogh Museum and dated July 1885. It was once sold in a London-area farm setting for £4 and is now heading to Maastricht for the TEFAF fair with an estimated price around €12m–€15m.

Violin played by Titanic band on display in Branson, Missouri

ky3.com

The article reports that the violin played by bandleader Wallace Hartley of the Titanic will be displayed at the Titanic Museum in Branson, Missouri from February 8 to June 15. It notes Hartley’s eight-member band on the deck and the violin surviving the sinking, with commentary from Andrew Aldridge and Paul Burns of the Branson Titanic Museum.

Fine art

Tamara de Lempicka’s auction record smashed at Christie’s sale in London

artsy.net

Tamara de Lempicka, Portrait de Marjorie Ferry (1932), sold for £16.2 million ($21.1 million) at Christie’s in London, setting a new auction record for the artist. The top lot was René Magritte’s A la rencontre du plaisir (1962) at £18.9 million ($24.6 million), and George Grosz’s Gefährliche Straße (1918) sold for £9.7 million ($12.6 million) as part of Christie’s sale totaling £106.8 million ($139 million).

Fine art

Sotheby’s London met expectations with a $64.8 million Impressionist and Modern sale, but expectations for the category are softening

news.artnet.com

Sotheby’s London Impressionist & Modern sale in February 2020 realized $64.8 million, with the highest estimate for the year being £8–£12 million for a Camille Pissarro painting that sold for £13.3 million. The article discusses broader softness in the category and declines in combined estimates for Sotheby’s and Christie’s auctions in Impressionist, Modern, and Surrealist sales.

Fine art

La juez eleva la condena a Jaime Botín por el Picasso a tres años y 91,7 millones

cincodias.elpais.com

Jaime Botín fue condenado originalmente a 18 meses de prisión y 52,4 millones de euros por contrabando de un Picasso; la juez elevó la condena a tres años de cárcel y 91,7 millones de euros en multa. Se mantiene la propiedad del cuadro para el Estado y se establece que la obra es Cabeza de mujer joven de Pablo Picasso, vendible en subasta en Londres en 2013, con la necesidad de autorización de exportación desde el Ministerio de Cultura.

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