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October 2010 fine-art market intelligence

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13 headlines

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Category: Fine art

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Fine art

"AO Auction results and news summary: results at Sotheby’s Hong Kong Auctions indicate continued growth of Chinese market, record set for Zhang Xiaogang"

artobserved.com

The page reports on Sotheby’s Hong Kong auctions showing growth in the Chinese art market. It mentions a record sale for Zhang Xiaogang (1992) at the Contemporary Asian sale, realized 52,180,000 HKD, and notes other top results including Zeng Fanzhi, Zao Wou-Ki, and Wu Guanzhong with their respective estimates and realized prices (all in HKD).

Fine art

A life-size bronze sculpture by Henri Matisse could fetch $35 million at auction

artnews.conteart.com

Henri Matisse’s life-size bronze sculpture Back IV (Nu de Dos, 4eme etat), circa 1930, is expected to bring up to $35 million at Christie’s on November 3, sold by a private European collector. Christie’s notes the owner’s recognition of a strong market for modern sculpture, with Conor Jordan of Christie’s praising the work’s scope and significance in modernist sculpture.

Fine art

La Belle Romaine to lead Sotheby’s November 2010 Impressionist & Modern Art Evening Sale

artnews.conteart.com

Amedeo Modigliani's Nu assis sur un divan (La Belle Romaine) tops Sotheby’s 2 November 2010 Impressionist & Modern Art Evening Sale in New York with an estimate above $40 million. The painting is described as a definitive nude and is associated with Modigliani’s reputed stature in Sotheby’s history; the work will be shown in Sotheby’s Hong Kong and London galleries before exhibition in New York.

Fine art

$4 million Chagall painting sets new Asian record

reuters.com

Marc Chagall's 1969 oil painting Bestiaire et Musique sold for $4.18 million in Hong Kong, setting a new record for a contemporary Western painting sold in Asia. The work was auctioned by Seoul Auction to an unidentified Asian buyer during a Monday sale, aligning with Sotheby's biannual Asian sales in Hong Kong.

Fine art

Die Kraft der zwei Kerzen: Gerhard Richter auf Rekordkurs

welt.de

Gerhard Richter wird laut WELT bei Christie's in New York am 10. November eine Versteigerung seines Ölbildern „Zwei Kerzen“ angeboten. Der Schätzpreis liegt bei 12 bis 16 Millionen US-Dollar, mit Aussicht auf einen neuen Rekordpreis für Richter; der bislang höchste Preis für ein Richter-Gemälde liegt bei 15,8 Millionen US-Dollar.

Fine art

Gerhard Richter's Zwei Kerzen to be offered at auction for the first time in November

artnews.conteart.com

Gerhard Richter’s Zwei Kerzen will be offered at Christie’s Post-War and Contemporary Art Evening Auction in New York on November 10, 2010, with an estimated realized price of 12,000,000 to 16,000,000 USD; the work will be publicly exhibited at Christie’s London during Frieze Art Fair from October 11–15.

Fine art

Gerhard Richter’s Zwei Kerzen to be offered at auction for the first time in November

artnews.conteart.com

Gerhard Richter’s Zwei Kerzen will be offered at Christie’s Post-War and Contemporary Art Evening Auction in New York on November 10, 2010, with an expected realization of $12,000,000–$16,000,000. The painting will be exhibited publicly at Christie’s in London from October 11–15 during Frieze Art Fair.

Fine art

Jeff Koons’ Monumental Balloon Flower (Blue) to Highlight November 2010 Evening Sale

artnews.conteart.com

Jeff Koons’ Balloon Flower (Blue) is to be highlighted in Christie’s New York November 2010 Post-War and Contemporary Evening Sale. The sculpture from 1995–2000 is estimated at $12,000,000 to $16,000,000; part of Koons’ Celebration series which includes a Magenta version that set a world auction record in 2008.

Fine art

Major 20th century sculpture collection goes to Chazen Museum of Art – UW–Madison News

news.wisc.edu

The UW–Madison news page reports the gift of the Terese and Alvin S. Lane Collection, a private collection of more than 70 sculptures and 250 preparatory drawings by artists including Jean Arp, Alexander Calder, Louise Nevelson, Pablo Picasso, and David Smith, to the Chazen Museum of Art. The collection spans 1915 to the mid-1980s and was first presented publicly in 1995 at the Chazen; it will be installed in the expanded facility opening in October 2011. The Lanes built the collection over four decades, acquiring works and related drawings, with notable pieces such as José de Rivera’s Construction #46, Lee Bontecou’s Bird, Seymour Lipton’s Cerberus, and John Storrs’ Forms in Space, along with numerous works by David Smith and others.

Fine art

Potential Titian buyers get an advance look

nytimes.com

Carol Vogel reports that Titian’s Sacra Conversazione: The Madonna and Child With Saints Luke and Catherine of Alexandria, dating to about 1560, will be shown at Sotheby’s in New York ahead of a January 27 auction with an estimated value of $15 million to $20 million.

Fine art

School of Paris leads bi-coastal sale of modern and contemporary arts

fineartpublicity.com

Bloomberg-style? Not applicable. The page notes Bonhams announces the November 9, 2010 bi-coastal auction of Modern and Contemporary Art in New York and Los Angeles, featuring works from the School of Paris including four Fernand Léger paintings, plus pieces by Renoir, Poliakoff, Buffet, Archipenko and Rodin, among others; also highlights Eastern European artists and a notable Guston cover lot.

Fine Art

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