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12 headlines
Source-linked reporting
artnews.com
The article lists the ten most expensive living artists in alphabetical order: Lucian Freud, Jasper Johns, Jeff Koons, Brice Marden, Bruce Nauman, Robert Rauschenberg, Gerhard Richter, Richard Serra, Frank Stella, and Cy Twombly. It notes that all have single-work sales of $5 million or more, with Johns and Nauman highlighted for especially high prices and specific auction records cited.
theartnewspaper.com
The Art Newspaper reports that the newly authenticated Vermeer painting Young Woman Seated at the Virginals could sell for £10m to £20m, possibly more, at Sotheby’s in London on 8 July. The piece notes the painting’s small size, its rarity of authentication, and references the committee of experts, including Frits Duparc and members of the Rembrandt Research Project, involved in validating its authenticity.
latimes.com
Pablo Picasso's Boy With a Pipe, a Rose Period portrait, is expected to fetch about $70 million at Sotheby’s in New York, potentially surpassing Vincent van Gogh’s Portrait of Dr. Gachet sold for $82.5 million in 1990. The painting’s provenance from the estate of John Hay Whitney and Betsey Cushing Roosevelt Whitney is noted as adding value, with auction houses banking on the Picasso’s high quality and collector interest.
nytimes.com
Carol Vogel reported that Christie’s Rockefeller Center sale of Impressionist and modern art drew bidding but many works failed to sell; the auction totaled $56.6 million, below its $64.9 million low estimate, with records set for Giorgio de Chirico, Odilon Redon, and Tamara de Lempicka, and attention focused on six MoMA paintings as the institution prepares to open its expanded West 53rd Street home.
theglobeandmail.com
Simon Houpt reports that a rare Picasso canvas, Garçon à la Pipe, sold at Sotheby’s New York for $104,168,000 (about $143,000,000 CAD) setting a new auction record for a Picasso and surpassing the previous record for a Van Gogh; the work is from Picasso’s Rose period and was part of the Greentree Foundation sale.
cbsnews.com
Pablo Picasso's 1905 painting Boy with a Pipe sold for $104 million at Sotheby’s, including about $11 million in commission, setting a new auction record. The previous record was Vincent van Gogh’s Portrait of Doctor Gachet at $82.5 million in 1990 at Christie’s.
abcnews.com
The piece reports Pablo Picasso's Boy with a Pipe selling for more than $104 million at Sotheby's, the highest price for a single artwork at auction. It also references a 2000 settlement where Sotheby's and Christie's agreed to pay $512 million over alleged fixed commissions, and discusses Christopher Mason's book The Art of the Steal examining the scandal.
abc.net.au
Picassos remain strong after Sotheby’s record. Pablo Picasso works discussed include a 1959 nude sold for $11,768,000 and The Rescue (1932) sold for $14,792,000, with Monet’s Water Lily Pond selling for $16,808,000; the 52-lot sale totaled $96,071,200 and Sotheby’s sale estimate was $99 million. The report notes a robust market with bidding from private collectors, dealers, and museums, and mentions the anonymous bidder who bought Picasso's Boy with a Pipe for $104,168,000, surpassing the previous record of $82.5 million for Dr Gachet.
sfgate.com
Pablo Picasso's 1905 painting Garcon a la pipe sold for $104 million at Sotheby's in New York, including a $93 million hammer price and about $11 million in commissions. The sale surpassed the previous record set by Van Gogh's Portrait of Dr. Gachet at $82.5 million.
washingtonpost.com
Jackson Pollock, the artist, had a painting titled Number 12, 1949 sell for $11.65 million, a world auction record for the postwar American artist. The sale occurred at Christie’s as part of a postwar and contemporary art sale that totaled $102.11 million for the house.
latimes.com
The Los Angeles Times reports a $102.1 million postwar and contemporary art sale at Christie’s New York, the first to exceed $100 million. Highlights include Jackson Pollock’s 1949 drip painting at $11.6 million and Mark Rothko’s 1958 abstraction at $8.9 million, with Edward Ruscha’s 1964 painting “Damage” selling for $3.5 million. A quirky piece, “Jim Beam J.B. Turner Train,” sold for $5.4 million.
washington.edu
The UW Burke Museum will auction more than 200 Native American–inspired works donated by about 70 Northwest artists, including Bill Holm, Hyacinth Joe David, Steve Brown, David Boxley and Susan Point. Proceeds will benefit the Bill Holm Center for the Study of Northwest Art.