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September 2024 Market Intelligence

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Fine art

Jackson Pollock to be represented by Kasmin, Artsy

artsy.net

Jackson Pollock is to be represented exclusively by Kasmin, joining his late wife Lee Krasner under one gallery. Kasmin will highlight Pollock’s early drawings (1939–1943) at Frieze Masters, London, while the Musée National Picasso in Paris plans an exhibit, “Jackson Pollock: The Early Years, 1934–1947,” opening October 15.

Cremona Triennale violin making competition announces 2024 winners

theviolinchannel.com

Alessandro Peiretti won the Gold Medal with a cello displayed in the Stauffer Foundation's collection. Liu Zhaojun earned the best score for a violin and received a silver medal, while Renzo Mandelli and Milos Seyda received double bronze medals. Borja Bernabeu achieved the highest score for a viola, and Piotr Pielaszek received the Walter Stauffer Award for timbre. The 2024 jury included Ulrich Hinsberger, Massimo Negroni, Benjamin Ruth, Elisa Scrollavezza, Gao Tong Tong, Fabrizio von Arx, Daniel Rubenstein, Alberto Salomon, Dan Sloutskovski, and Mirela Vedeva Ruaux.

Fine art

Phillips Announces Modern & Contemporary Art Highlights from the London Frieze Week Auctions on 10 & 11 October

Phillips

Christie’s examines Phillips Announces Modern & Contemporary Art Highlights from the London Frieze Week Auctions on 10 & 11 October and its significance for artists, collectors, institutions, or the art market.

Fine art

INAUGURAL EVENING SALES AT THE HENDERSON sale total HK$1.12B / US$145M

press.christies.com

Ronald Ventura’s State of Bloom led the top lot highlights with a price of HK$36.7M / US$4.7M, and Lalan’s La mère de nuage sold for HK$23.4M / US$3M. The Henderson sale totaled HK$1.12 billion / US$145 million.

Fine art

Vincent van Gogh leads Christie's 133.2m 20th/21st Century Evening Sale in Hong Kong

heni.com

Vincent van Gogh's Les canots amarrés (1887) sold for $32.22m at Christie's 20th/21st Century Evening Sale in Hong Kong, part of a $133.2m total. Ronald Ventura's STATE OF BLOOM (2021) sold for $4.71m. The sale saw 40 works totaling $133.2m with a sell-through rate of 87% across 46 announced lots, and included 9 guaranteed works.

Fine art

Contemporary Art Shines in $33.6M Sales at Sotheby's New York | Press Release

Sotheby’s

Sotheby’s reports on Contemporary Art Shines in $33.6M Sales at Sotheby's New York | Press Release. Its source account states that contemporary Art Shines in $33.6M Sales at Sotheby's New York | Press Release | Sotheby’s.

Fine art

Christie’s inaugurates new Hong Kong HQ with $134 m. evening sale

artnews.com

Vincent van Gogh, “Les canots amarrés” (1887), sold at Christie’s Hong Kong for HK$215,000,000 (US$27.7 million) during the inaugural 20th/21st century evening sale at Christie’s new Hong Kong headquarters. The hammer total was HK$883.1 million (US$113.4 million), part of a sale totaling just over HK$8.58 billion (about US$1.1 billion) including fees, in the Henderson building designed by Zaha Hadid Architects.

Fine art

Inaugural Henderson sale at Christie’s total HK$1.3B / US$173.4M

press.christies.com

Vincent van Gogh’s Les canots amarrés and Zao Wou-Ki’s 05.06.80 – Triptyque were among the top sold works in Christie’s inaugural Henderson sale in Hong Kong, with totals reported as HK$1.256B / US$162.2M and overall total HK$1.3B / US$173.4M.

Ophélie Gaillard calls for help to recover her stolen cello at her home

lefigaro.fr

Ophélie Gaillard, violinist and cellist, reported that her cello by Francesco Goffriller (1737) and her bows were stolen from her home in Haute-Savoie. The instrument, reportedly valued at over one million euros, was described as unrecoverable and easily traceable as a work of art; Gaillard appealed on social media for help and information, noting the piece was on loan from CIC and associated with the label Aparté. An investigation has been opened by the gendarmerie.

18th century Gofriller cello stolen in France

theviolinchannel.com

The article reports a 1737 cello by Francisco Gofriller valued at €1.3 million, stolen from a home in Haute-Savoie, France. It notes two bows by Nicolas Maire and Jean-Marie Persoit were also inside the case and provides contact info for Ophélie Gaillard for information.

Cellist Ophélie Gaillard's Goffriller and bows stolen

pizzicato.lu

Ophélie Gaillard, a French cellist, announced the theft of her 1737 Francesco Goffriller cello (on loan for almost 20 years) valued at 1.3 million euros, along with two personal bows by Nicolas Maire and Jean-Marie Persoit, from her home in Haute-Savoie during the night of September 24–25, 2024.

Liuteria, la Triennale incorona il violoncello di Alessandro Peiretti

cremonaoggi.it

The Triennale International Competition Antonio Stradivari awarded the golden medal in the cello section to Alessandro Peiretti of Pavia. The article discusses the event held at Teatro Ponchielli and notes the strong participation of 315 professional luthiers from 37 nationalities and 401 instruments, with Andrea Virgilio commenting on the event’s broader significance for Cremona and the local economy.

Fine art

Phillips’ New Now: Modern & Contemporary Art Auction Achieves $7.5 Million, Led by George Condo, Richard Prince, and Jörg Immendorff

Phillips

Christie’s examines Phillips’ New Now: Modern & Contemporary Art Auction Achieves $7.5 Million, Led by George Condo, Richard Prince, and Jörg Immendorff and its significance for artists, collectors, institutions, or the art market.

Clara-Jumi Kang loaned Golden Period Stradivari

beares.com

Clara-Jumi Kang has been granted long-term use of the 1702 Golden Period Stradivari known as the Thunis, loaned by Kia Motors. J&A Beare reports the loan was arranged after her visit to Beare’s in 2022 and includes praise from Beare’s managing director Steven Smith.

Beare’s International Violin Society artist news autumn 2024

beares.com

Gabriel Le Magadure features on a c.1728-30 Guarneri del Gesù through Beare’s International Violin Society. The Sitkovetsky Trio are announced as Artists in Residence at Beethovenfest Bonn, where they curate performances with new commissions by Ferran Cruixent and Lena Sierova, and use instruments on loan from patrons through the Society. Baiba Skride releases her 12th recording for Orfeo in 2024, playing Britten’s Violin Concerto and Double Concerto for Violin and Viola with Marin Alsop conducting the ORF Radio Symphony Orchestra, on loan a 1724 Stradivari violin through the Society. Emily Davis is announced as leader of the Hallé Orchestra for 2024/25, sharing the Leader chair with Roberto Ruisi, and will debut as Leader on Oct 3 in Stravinsky’s The Firebird conducted by Kahchun Wong, with a Gagliano violin loaned through the Society. The site also mentions Kian Soltani’s Deutsche Grammophon album exploring Schumann.

Fine art

The Best-Seller List experts analyze the trophy lots across six categories

news.artnet.com

Adrien Meyer of Christie’s sells the top lot, Andy Warhol’s Flowers (1964). The article discusses top lots across six categories, including Claude Monet’s Meules à Giverny (1893) and Chardin still life, with data on auction results and market trends for the first half of 2024.

Fine art

Christie’s Unveils Late Masterpiece by Lucian Freud - Ria, Naked Portrait Offered at Auction for the First Time

Christie’s

Christie’s reports on CHRISTIE’S UNVEILS LATE MASTERPIECE BY LUCIAN FREUD - RIA, NAKED PORTRAIT OFFERED AT AUCTION FOR THE FIRST TIME. Its source account states that lONDON – Christie’s is delighted to be presenting a seminal work by Lucian Freud, Ria, Naked Portrait (estimate: £10,000,000 – 15,000,000).

Fine art

Phillips’ David Hockney Auction Realises £1.78 Million, the Highest Total Achieved for the Annual Dedicated Auction

Phillips

Christie’s examines Phillips’ David Hockney Auction Realises £1.78 Million, the Highest Total Achieved for the Annual Dedicated Auction and its significance for artists, collectors, institutions, or the art market.

Fine art

Joan Mitchell work with exceptional provenance estimated €3.2 million to €5 million announced by Christie’s

press.christies.com

Joan Mitchell, Untitled, ca. 1960, oil on canvas, 95 x 90.6 cm, is highlighted in a Christie’s press release with an estimate of €3.2 million to €5 million. The sale is part of Avant-Garde(s) including Thinking Italian at Art Basel Paris on 18 October, and the work comes from the collection of Jacques Dubourg.

Fine art

Phillips New York to Offer Photographs from the Martin Z. Margulies Foundation, Part II, Alongside October Seasonal Auction

Phillips

Christie’s examines Phillips New York to Offer Photographs from the Martin Z. Margulies Foundation, Part II, Alongside October Seasonal Auction and its significance for artists, collectors, institutions, or the art market.

Fine art

Handbags Online: The September Edition achieves nearly $2 million

press.christies.com

Christie’s New York announced the results of its inaugural Handbags Online: The September Edition sale, which totaled $1,931,202. The auction was 99% sold by lot and 100% by value, with a world auction record set for a Louis Vuitton x Yayoi Kusama Rare, Limited Edition Yellow & Black Monogram Leather Pumpkin Bag with Silver Hardware at $151,200. Top lots included a Rare Matte White Himalaya Niloticus Crocodile Retourné Kelly 25 at $163,800, a Rare Matte White Himalaya Niloticus Crocodile Birkin 25 at $119,700, a Limited Edition Red & White Monogram Courrier 90 Trunk by Supreme at $81,900, and a Rare Shiny Ombré Salvator Lizard Birkin 25 at $63,000.

Irvine man pleads guilty in scheme to steal and resell over $525,000 worth of violins

digital-dev.ktla.com

The article reports that Mark Meng, 58, pled guilty to orchestrating a scheme that stole and resold more than $525,000 worth of high-end violins. Meng posed as a musical instrument collector and conducted trials with violin shops nationwide, later buying bows and issuing checks that would bounce. He was also seen robbing a Irvine bank on April 2, 2024, during the investigation.

Fine art

California law may ease the way for works stolen by Nazis to be restituted

artnews.com

The article discusses California Governor Gavin Newsom signing a law that could advance restitution for a 1897 Camille Pissarro painting, Rue Saint-Honoré in the Afternoon, Effect of Rain, once sold under duress by Lilly Cassirer Neubauer to a Nazi appraiser. The painting, once worth a few hundred dollars, is valued today in the tens of millions, and the case involves Neubauer’s heir David Cassirer and the Museo Thyssen-Bornemisza in Madrid amid a broader legal question of when California law should apply versus foreign laws.

Holocaust survivor reunited with cello of musician father murdered by Nazis

telegraph.co.uk

The article reports that Cornelia Hermann, daughter of Pál Hermann, an 18th-century cello owner and composer, will be reunited with her father’s cello, more than eighty years after his murder by the Nazis. Pál Hermann, a Hungarian-born cellist and composer, died in a death camp in 1944 at age 42. The instrument’s history includes being given to Hermann, later replaced, and traced through a series of owners and a burn-inscribed identification, with efforts led by Dr Kate Kennedy and connections to Sam Lucas and Jian Wang.

Fine art

100 years of Surrealism: ‘A total revolution of the mind’

Christie’s

How André Breton’s Manifeste du surréalisme transformed painting, sculpture, photography, literature, music, fashion — and even television. By Alastair Smart

Fine art

The best exhibitions happening fall 2024: United States, Canada and Mexico

Christie’s

From Eliasson in LA and Mendieta in Mexico City to Elizabeth Catlett in New York, these are some of fall’s most anticipated shows

Fine art

Nazi looted art: current developments

shapingeurope.eu

Nazi-looted art: current developments concerns restitution of looted works from World War II, noting estimates of unrecovered artworks and ongoing restitution lawsuits. The article provides historical context on how art was looted under the Nazi regime and mentions the Einsatzstab Reichsleiter Rosenberg and broad figures related to looted art collections.

Fine art

A Van Gogh painting with royal ties could fetch $50 million at Christie’s Hong Kong

news.artnet.com

Vincent van Gogh’s Les canots amarrés (1887) from the Royal Family of Bourbon-Two Sicilies will be auctioned at Christie’s Hong Kong, with an estimated HK$230 million to HK$380 million ($30 million to $50 million). The sale marks Christie’s Asia headquarters opening and could set a new Asia auction record for Van Gogh. The article notes current regional records for Western art and mentions other works and artists in the sale.

Fine art

Long-Lost Artemisia Gentileschi masterwork goes on view after centuries of obscurity

news.artnet.com

Artemisia Gentileschi, Penitent Mary Magdalene (ca. 1625–26), from the Kimbell Art Museum collection in Fort Worth, Texas, goes on view after centuries of obscurity. The painting was associated with Fernando Enríquez Afán de Ribera and is linked to Gentileschi’s other works such as Judith and Her Maidservant with the Head of Holofernes (ca. 1623–25) in the Detroit Institute of Arts.

Fine art

Frieze Seoul 2024 concludes with strong sales

fadmagazine.com

Frieze Seoul 2024 concluded with strong sales and drew a diverse international audience from Asia, Europe, and the United States. The fair ran alongside Kiaf SEOUL and featured top global galleries under the Galleries Association of Korea.

Fine art

For the first public exhibition in 400 years, Artemisia Gentileschi painting opens at Kimbell

art-insider.com

Artemisia Gentileschi is the artist of Penitent Mary Magdalene (1625-26), now publicly exhibited for the first time in over four centuries at the Kimbell Art Museum in Texas. The painting was formerly in Seville, resurfaced in 2001 via auction, and was later sold by Adam Williams Fine Art to the Kimbell; Eric Lee, the museum's director, commented on the acquisition. The museum did not disclose the purchase price.

Fine art

Artemisia Gentileschi painting Penitent Mary Magdalene goes on view at Kimbell for the first time in centuries

artnews.com

Artemisia Gentileschi, Penitent Mary Magdalene (1625–26) is now on view at the Kimbell Art Museum in Fort Worth after being acquired from private collectors. The work, dating to 1625–26, centers a female biblical figure and has a history involving ownership by Fernando Enríquez Afán de Ribera and various sales before its recent acquisition.

Fine art

Bucolic Van Gogh riverscape with royal connections set to become the artist’s most expensive Paris work

theartnewspaper.com

Bucolic Van Gogh riverscape with royal connections set to become the artist’s most expensive Paris work is reported on The Art Newspaper Adventures with Van Gogh blog. The piece discusses Christie’s auction of Van Gogh’s Moored Boats (Les canots amarrés) from a royal Bourbon-Two Sicilies collection in Hong Kong, with an estimated HK$230m-380m (US$30m-50m) and a guarantee.

A Cremona l Olimpiade della liuteria

cremonaoggi.it

The article covers Cremona’s 17th International Triennial for Arch Instruments Antonio Stradivari at the Museo del Violino, September 6 to October 13, with 315 masters from 37 countries and 401 instruments in violin, viola, cello, and double bass categories. It describes the competition’s rules, jury led by Paolo Bodini, and the prize structure, including potential use of advanced materials; events include preliminary auditions at Auditorium Giovanni Arvedi and final at Teatro Ponchielli with gold medal winners being acquired for the Stradivari Foundation collection.

Fine art

Gerhard Richter: ‘I acknowledge only what is’

Christie’s

As a new exhibition of rarely seen works opens in Düsseldorf, Jonathan Bastable looks at the vast and varied output of a genre-defying artist with ‘no rules… no belief… no picture of the future’

Olimpiade della liuteria a Cremona 315 maestri da 37 Paesi

laprovinciacr.it

The article reports that Cremona, at the Museo del Violino, hosts the XVII International Triennial Competition for bowed instruments, with 315 masters from 37 countries and 401 instruments across violin, viola, cello, and double bass. It cites the jury led by Paolo Bodini and lists several jurors and luthiers involved; details include new instruments produced after 2021 and the use of technological or composite materials.

Fine art

Megan Rooney on painting: ‘You must dig it all up before you can find what it actually is’

Christie’s

The artist, who grew up in South Africa, Brazil and Canada, spoke to Jessica Lack about her latest exhibition, how her paintings are like rival siblings, and why making art is akin to construction work

L Olimpiade della Liuteria a Cremona: 315 maestri partecipano al XVII Concorso Stradivari

primacremona.it

The event is held at the Museo del Violino in Cremona for the XVII Concorso Triennale Internazionale degli Strumenti ad Arco Antonio Stradivari, with 315 luthiers from 37 countries competing across violin, viola, cello and double bass categories, using only instruments made after 2021. The jury includes Paolo Bodini and a panel of musicians and luthiers; the top three prizes will receive gold medals and be acquired by the Fondazione Stradivari for the permanent collection.

Fine art

$1.5 million Yoo Youngkuk painting leads Frieze Seoul 2024 opening day sales

artsy.net

The article reports a $1.5 million Yoo Youngkuk painting from PKM Gallery leading Frieze Seoul 2024 opening day sales. It also details several other notable sales from Hauser & Wirth, Pace Gallery, and Thaddaeus Ropac, including a €1 million ($1.1 million) Georg Baselitz painting and multiple works by Martha Jungwirth, Lee Kang-so, David Salle, Heemin Chung, Tom Sachs, Avery Singer, Henry Taylor, Nicolas Party, Angel Otero, Anj Smith, Catherine Goodman, and Ambera Wellmann.

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