The auction highlighted a German post-war collection from Count Christian Duerckheim that achieved £108.8m, the highest contemporary art auction total in London, led by works by Gerhard Richter, Georg Baselitz and Sigmar Polke. Notable prices included Polke's Kopf (Head) at £3.7m, Baselitz's Der Baum at £1.8m, and Richter's 1024 Farben at £4.3m, with five artists setting records.
Sotheby’s London contemporary art evening sale realized $174 million with a high estimate of $168.5 million, aided by the Duerckheim collection which brought $97 million against a $74 million high estimate. Top lots included Sigmar Polke’s Dschungel (Jungle), Francis Bacon’s Crouching Nude, Jean-Michel Basquiat’s Untitled, and Andy Warhol’s Debbie Harry.
The painting Jiaou Tu by Zhang Daqian, created in 1947, sold for 190 million Hong Kong dollars at Sotheby’s in Hong Kong on May 31, setting a new personal-record auction price for Zhang Daqian. The sale was part of the Meiyun Tang collection auction, with total auction value and records noted. The buyer was Taiwan’s Lin Baili, with other bidders mentioned.
The HuffPost article reports Christie's Hong Kong Modern & Contemporary sales totaling HK$1.77 billion ($227 million) across six days. Highlights include top lots by Zao Wou-Ki and Zeng Fanzhi, with a 5- and 4-times pre-sale high estimate hammer for specific works; 45 lots offered with 95% sold by value on the blockbuster evening, and a record-setting HK$492.6 million ($63 million) for the 20th Century and Contemporary Asian art sale. Zeng Fanzhi’s The Leopard was the standout piece and funds from its sale were donated to The Nature Conservatory.
The Art Institute of Chicago announced the acquisition of Robert Rauschenberg’s 1955 combine Short Circuit, entering the museum’s permanent collection via the artist’s estate and the Gagosian Gallery.
Robert Rauschenberg’s Combine of 1955, Short Circuit, was acquired by the Art Institute of Chicago for its Department of Contemporary Art. The work, created in 1955, is one of his earliest Combines and was acquired from the artist’s estate through the Gagosian Gallery.
Jared French’s Siren sold for $138,000, Mary Nimmo Moran’s Long Island Landscape sold for $64,800, and Thomas Hart Benton’s Landscape, Martha’s Vineyard sold for $60,000 at Swann Galleries’ June 9 auction of American Art and Contemporary Art. Ogden M. Pleissner's Rail Shooting on the Connecticut River sold for $26,400; additional notable works were also highlighted.
Egon Schiele landscape Hauser mit bunter Wasche ‘Vorstadt’ sold for £24.7 million or $40.1 million at a London auction. The article also notes a 1990s compensation case involving Lea Bondi Jaray and the Leopold Museum related to a Schiele portrait, and mentions prior Schiele cityscape auction records.
Sotheby’s London sale of 35 lots brought in $155 million (97 million pounds). The top lot was Egon Schiele’s townscape Houses With Laundry (Suburb II), which sold for $40 million, a record for the artist, offered by the Leopold Museum, Vienna. Other notable results included Alberto Giacometti’s Trois hommes qui marchent II at 10.7 million pounds and Pablo Picasso pieces Couple, Le Baiser and Homme a la pipe et nu couche at 6.5 million pounds and 4.8 million pounds respectively.
The Leopold Museum in Vienna reached a settlement with the heirs of Maurice Ayzlera regarding two Anton Romak paintings, Castle Grayllenshtayn and Countess Kyufshteyn at the easel, allowing the works to remain in the museum in exchange for compensation. The dispute involved the art seized by the Gestapo from Ayzlera, who survived Auschwitz and later returned to Brno. The museum previously also settled with the heirs of collector Jenny Steiner over an Egon Schiele painting for $5 million.
Frantisek Kupka’s Movement, 1913–19 sold for a record £1.5 million ($2.4 million) at Sotheby’s London. Josef Capek’s Sailor and Phantomas, 1917–20 and Karel Cerny’s In the Bar, 1946 also set records at the Hascoe collection sale in London, which realized £11.1 million ($18 million) against estimates of £4.2 million/£6.2 million. Otto Gutfreund’s Cubist Head, 1913–14 cast posthumously also set a record at £34,850 ($56,600).
This article reports on Sotheby’s auction in London featuring 34 works from Count Christian Duerckheim’s collection, highlighting prices for contemporary German artists Sigmar Polke, Georg Baselitz, and Blinky Palermo, among others. The Duerckheim collection totaled $96.6 million, contributing to an evening total of $174.1 million with 9 of 88 works not selling.
Francis Bacon's Crouching Nude and Andy Warhol's Debbie Harry were among works sold. An auction at Sotheby's in London achieved £108.8m, with artist records for Sigmar Polke and Georg Baselitz. Other notable results included Jean-Michel Basquiat's early untitled painting at £5.4m and several works from the Duerckheim collection.
Christie’s announced a 92-lot London Impressionist and Modern Art evening sale estimated at £115–164 million, led by works from the Ernst Beyeler estate and major paintings by Monet and Picasso.