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standard.co.uk
Francis Bacon’s Triptych 1974-77 sold for £26,340,500 (including fees) at Christie’s London to an anonymous buyer. The sale set a record for a Bacon work and for a post-war/contemporary artwork in Europe, with two bidders in the room and an American buyer among them.
standard.co.uk
The article reports Sotheby’s achieving a record £24.68 million for Egon Schiele's Houses With Washing Lines (1914) in London, part of a decade-long dispute over a painting looted by the Nazis. It discusses ownership claims by Lea Jaray and the related court judgments over Portrait Of Wally and compensation to the Jaray heirs, with references to Rudolf Leopold and his collection.
standard.co.uk
Paul Cezanne's Nature Morte au Melon Vert, a watercolour dating from 1902–06, sold at Sotheby’s New York for £11.4 million, exceeding the expected £7–9 million. The painting measures 18.75 by 12.35 inches and is noted as a record for a work on paper by the artist at auction.
standard.co.uk
Francis Bacon's Triptych 1976 sold for £43 million in New York, surpassing the previous records set for Bacon works and marking a new peak in the artist's market. The sale at Sotheby's exceeded estimates and featured a bidding war between two telephone bidders, with a mystery European buyer acquiring the work.
auctionpublicity.com
Edvard Munch’s The Scream is announced for Sotheby’s Impressionist & Modern Art Evening Sale in New York on 2 May 2012. The work, dated 1895 and one of four versions, is the only version still privately held and will be shown publicly in London before the sale; the consignor is Petter Olsen. The estimate suggests the price could exceed $80 million.
standard.co.uk
Monet Waterlilies, a 1919 work, sold at Christie's in London for £40.1 million, setting a record for Monet and for an Impressionist painting in dollars; the auction involved multiple bidders and was led by Tania Pos of Arts and Management International.
latimes.com
The Los Angeles County Museum of Art purchased seven works totaling $2.5 million during its Collectors Committee weekend, including a 60-foot Robert Rauschenberg screenprint and a nearly 10-foot-tall Louis Sullivan elevator surround. Other acquisitions include a Durer print, two Nicolas Enriquez oil-on-copper paintings, a 12th‑century Zelkova wood sculpture, a Shirin Neshat photograph, and Bruce Conner's Three Screen Ray. The event featured gala activities, donor engagement, and a fundraising total of about $1 million for specific works.
artinvestment.ru
Frantisek Kupka, the Czech abstractionist noted, saw his work Blue Form (1913) fetch 57.42 million CZK / 2.5 million EUR at a Prague auction, with hammer price 55.75 million CZK. The buyer was rumored to be a Russian collector; the sale set a Czech market record for Kupka and Czech art. Previous world record for Kupka was 1.5 million pounds for Movement in London.
sandiegouniontribune.com
Childe Hassam’s painting In the Sun and Gustave Courbet’s The Shore of Lake Geneva are scheduled to be auctioned by Sotheby’s in New York in May 2012 after resurfacing from a 1976 theft in Shrewsbury, Massachusetts. The works were among three stolen during a break‑in; the Hamilton painting, Lady as Shepherdess, remains with heirs of the Persky estate. The Hassam work is estimated at $1.5 million to $2.5 million, and the Courbet work is estimated at $200,000 to $300,000.
Christie’s
Christie’s and Adelson Galleries announced a 40-work exhibition spanning more than two decades of Stephen Scott Young’s watercolors and drawings.