Monthly archive
21 headlines
Source-linked reporting
news.artnet.com
Claude Monet, Argenteuil Basin with a Single Sailboat (1874) is back on view at the National Gallery of Ireland after an 18-month restoration. The painting was damaged in June 2012 when a man punched through the canvas, with three tears totaling over a foot. The canvas is valued at €10 million and is now protected behind glass.
time.com
Tracey Emin's 1998 work My Bed was sold at Christie’s in London for about $3.77 million. The piece, which features a distressed installation including dirty sheets and other personal items, previously sold to Charles Saatchi in 2000 for around $200,000, and helped establish Emin as part of the YBAs.
archive.nytimes.com
The New York Times reports that Francis Bacon and Peter Doig had top prices at Christie’s London, with a Bacon painting selling for $45.4 million and a Doig self-portrait near $17 million; Christie’s total nearly $169.9 million, with 12 of 75 works unsold.
stage.italymagazine.com
Artemisia Gentileschi's painting Maria Maddalena in estasi (Mary Magdalene in Ecstasy) sold at Sotheby’s Paris for almost €900,000, setting a new auction record for the 17th century female artist from Rome. The work, rediscovered by the Department of Ancient Painting of Paris, was estimated between €200,000 and €300,000 before sale, and is linked to Gentileschi’s broader reputation and her best-known work Judith Slaying Holofernes.
news.artnet.com
Peter Doig, Country-rock (wing-mirror) by Peter Doig sold for £8,482,500 (US$14,453,058) at Sotheby’s London Contemporary Art Evening Auction on June 30, 2014. Francis Bacon, Three Studies for Portrait of George Dyer (on Light Ground) (1964) sold in the same sale. The event grossed £93,147,500 (US$158,608,000) and set new world records for Peter Doig and Adrian Ghenie.
bbc.co.uk
A small-format Francis Bacon triptych of his lover George Dyer sold for 26.7 million pounds at a London auction, surpassing Bacon's previous record of 23 million pounds. The painting, created in 1967, is based on photographs by John Deakin and is one of only five small-scale triptychs of Dyer known to exist.
news.artnet.com
Tracey Emin’s My Bed (1998) led Christie’s postwar and contemporary evening sale in London, selling for £2.5 million to Charles Saatchi in 2000 and returning to the market to help drive the £99,413,500 (about $170 million) total; the event highlighted records for several artists and noted strong bidding activity in the room.
thenationalnews.com
Tracey Emin’s art installation My Bed, created in her Waterloo Council flat in 1998, sold at Christie’s in Central London for more than Dh16 million ($4.4 million). The work was owned by collector Charles Saatchi and was bought by an institution, with Christie’s Francis Outred stating it would end up somewhere important.
news.artnet.com
Tracey Emin’s My Bed (1998) was bought by Jay Jopling for an anonymous collector for £2.5 million at Christie’s London, setting a new record for Emin and exceeding prior estimates. The piece, created after a breakup, features an unmade bed with stained sheets, cigarette butts and condoms. Art experts and commentators suggested the work belongs in a museum, with Tate often cited as a potential home.
news.artnet.com
David Ostrowski, F (Gee Vaucher) (2012) sold at Phillips in London. The event featured 27 lots totaling £9.9 million ($16,954,900) with a tepid atmosphere and a star lot, Andy Warhol’s Self-Portrait (Fright Wig) (1986), selling for £2.5 million ($4,281,550 after starting at £2 million. Banksy and Rachel Whiteread works were withdrawn before the sale.
fadmagazine.com
Daniel's Value and Ideas #24 discusses Christie’s saleroom for the Post-War and Contemporary evening auction, noting the high bidding activity and the cultural significance of the sale. The article references Tracey Emin’s My Bed and quotes from industry figures like Francis Outred and Brett Gorvy, highlighting the social dynamics and market psychology at play in the art market.
bbc.co.uk
The painting Odalisque in Red Pants by Henri Matisse, stolen over a decade ago, was handed back to Venezuelan authorities by US officials. It had been recovered in Miami Beach in an undercover operation and was previously swapped with a fake; the original was later identified and returned to Venezuela.
today.com
The Vermeer painting Saint Praxedis sold at Christie's in London for 6,242,500 pounds. Other Old Master works mentioned include Breugel's The Road to Calvary sold for 5,514,500 pounds, Guardi's Venice, the Bacino di San Marco with the Piazzetta and the Doge’s Palace sold for 9,882,500 pounds, and Reynolds's portrait of Lady Frances Marsham sold for 4,786,500 pounds.
reuters.com
The painting believed to be Henri Matisse's 1925 work Odalisque in Red Pants, valued at about $3 million, was returned to Venezuela from the United States. It was recovered in an undercover FBI operation in Miami Beach in 2012 and arrived in Caracas in a white box, with an acclimatization process planned before display at the Caracas Museum of Contemporary Art.
latimes.com
The Vermeer painting Saint Praxedis, dating to 1655, sold at a Christie’s auction in London for $10.7 million (6.2 million pounds). The work’s authorship was debated, with Rijksmuseum analysis supporting Vermeer’s authorship. The sale supported the Barbara Piasecka Johnson Foundation, from the estate of Barbara Piasecka Johnson.
bbc.co.uk
Botticelli’s drawing Study for a Seated St Joseph, dating from the 1480s, sold at Sotheby’s for a record £1.3m. The work was formerly in the collection of Barbara Piasecka Johnson and was bought for $88,000 (£51,300) in 1988.
economictimes.indiatimes.com
The Christie’s I.Q. van Regteren Altena Collection. Part I auction on July 10 totalled £13,202,225/$22,615,412/€16,555,591, with the top lot Samson and Delilah by Sir Peter Paul Rubens realizing £3,218,500, the world record price for a drawing by the artist at auction.
the-independent.com
The Independent reports that Sotheby’s in London unveiled key works from Middle Eastern artists to be auctioned in Doha in October, alongside pieces by Damien Hirst and Anish Kapoor. The piece mentions Nasrollah Afjei, Ali Banisadr, and Moataz Nasr as artists highlighted for the sale, and notes the growing international interest in Middle Eastern contemporary art.
archive.nytimes.com
Tracey Emin’s 1998 work My Bed, a scene of an unmade bed littered with cigarettes, condoms, underwear and vodka bottles, was sold for $4.3 million to Count Christian Duerckheim and is to be loaned to the Tate for at least 10 years; the piece was originally bought by Charles Saatchi in 2000 for £150,000 after its Turner Prize exposure.
news.artnet.com
The painting of Saint Luke the Evangelist, signed “Rembrandt,” was recovered after 35 years and is actually by Pietro Bellotti. It belonged to the Giorgio Cini Foundation and was stolen from Castello Cini di Monselice on December 12, 1979. It was valued about €150,000 ($200,000).
apollo-magazine.com
Acquisitions of the Month: July reports on notable museum acquisitions in July, including works at the Metropolitan Museum of Art, Watts Gallery, Caen, the Cantor Center for Visual Arts at Stanford, and mentions of other institutions.