Monthly archive

September 2015 fine-art market intelligence

13 headlines

13 headlines

Search and filter

Category: Fine art

Source-linked reporting

Headlines

13 headlines
Fine art

World’s most expensive painting comes to the Phillips Collection

news.artnet.com

Paul Gauguin, Nafea Faa Ipoipo (When Will You Marry?) (1892) is coming to the Phillips Collection in Washington, DC. The painting reportedly sold for nearly $300 million to Qatar Museums, setting a new record, and surpassing Paul Cézanne’s The Card Players. The show Gauguin to Picasso: Masterworks from Switzerland, The Staechelin and Im Obersteg Collections also features works by Vincent van Gogh, Pablo Picasso, and Marc Chagall.

Fine art

Gerhard Richter donates works to charity auction benefiting Düsseldorf’s homeless

news.artnet.com

Gerhard Richter, Imi Knoebel, Katharina Fritsch, Candida Höfer, Thomas Ruff, Thomas Struth, and Thomas Schütte are among more than 70 German artists who donated works for a charity sale to benefit Düsseldorf’s homeless charity fiftyfifty. The auction is curated with a accompanying exhibition at Eon’s Düsseldorf headquarters, with proceeds supporting the purchase of temporary housing and apartments for the homeless.

Fine art

Sotheby’s to offer $500 million Taubman collection

news.artnet.com

The article discusses Sotheby’s plan to offer the collection of former chairman A. Alfred Taubman, valued over $500 million, across multiple sales. It highlights key works by Picasso, Willem de Kooning, Amedeo Modigliani, and Mark Rothko, with estimated prices ranging from $20–35 million for several modern and contemporary pieces.

Fine art

Christie’s to ask $100 million for a Modigliani nude

news.artnet.com

Amedeo Modigliani’s Nu Couché (Reclining Nude) (1917-18) is announced by Christie’s as a fall sale consignments with an estimated value around $100 million, aiming to surpass the previous Modigliani record of $68.9 million set by Nu assis sur un divan (La belle romaine) in 2010. The announcement was initially hinted on Instagram by Brett Gorvy and Loic Gouzer before a Christie’s press release confirmed the news.

Fine art

Taubman sale will cost DIA key paintings

detroitnews.com

Michael H. Hodges reports that seven key Baroque paintings on long-term loan to the Detroit Institute of Arts will be removed and sold at auction. The works come from A. Alfred Taubman and Sotheby’s will auction his private collection in four sales starting Nov. 4 to cover estate taxes and fund the Taubman Foundation; the DIA’s Caravaggio painting Martha and Mary Magdalene is among the pieces, with other works by Guercino, Pietro da Cortona, Giovan Battista Caracciolo, Valentin de Boulogne, Matthias Stom, Hendrick Maertensz Sorgh, and Domenico Beccafumi.

Fine art

London judge orders Banksy mural back to the UK

news.artnet.com

The article discusses a London ruling by Judge Richard Arnold that a Banksy mural titled Art Buff, once valued at about $720,000, must be returned to Folkestone, UK, after failing to sell in the US. The work was painted on Dreamland and was exhibited with a price around £470,000 or $720,000 in Miami; it is currently held in a New York storage unit and will be delivered to the Creative Foundation in Folkestone.

Fine art

Report by the Spoliation Advisory Panel regarding an oil painting by Pierre-Auguste Renoir at Bristol City Council

gov.uk

The Spoliation Advisory Panel reports on an oil painting by Pierre-Auguste Renoir titled The Coast at Cagnes, now in the possession of Bristol City Council. The report assesses a claim by Margraf & Co GmbH, a Nazi-era entity, concluding the painting’s loss was due to Margraf’s indebtedness and bankers’ rights rather than Nazi persecution; the Margraf claim was deemed weak.

Fine art

Proceeds from Christie’s sale of Peter Doig’s Cabin Essence will benefit World Justice Project

artnews.com

Peter Doig, Cabin Essence, 1993–94, is the centerpiece of Christie’s October 16 contemporary evening sale in London. The work belongs to a private American collector and is described as the largest piece in Doig’s Concrete Cabins series (1991–1998) and depicts Le Corbusier’s Unité d’Habitation. Christie’s notes that a significant portion of the proceeds will benefit the World Justice Project, with an expected price above £9 million (about $13.8 million).

Fine art

Calder stabile nets $845,000 at Leslie Hindman Auctioneers

antiquesandthearts.com

Calder’s stabile “Long Brass Tail on Black and Red,” 1956, sold for $845,000 at Leslie Hindman Auctioneers. Other highlights included Francoise-Xavier Lalanne’s “Moutons de Pierre” at $257,000, Jack Goldstein’s untitled (Lightning) at $161,000, Bill Taylor’s “Self Portrait Blue-House” at $137,000, and Asian paintings such as Hisao Domoto’s untitled work at $75,000 and Chuang Che’s untitled work at $30,000.

Fine art

Chagall’s Le Bouquet d’Amour takes $785,000

antiquesandthearts.com

Marc Chagall, Le Bouquet d’Amour, gouache, crayon, pastel, oil and collage on paper laid down on canvas, 23 by 17 ¾ inches, signed lower left, sold for $785,000 at Shapiro Auctions in New York City on September 26. The work came from a private Geneva collection and had been acquired from William A. Findlay, Chicago.

Fine Art

Looking for a particular work?

Share the artist, period, medium, budget, and timing that define your acquisition or sale objective.

Discuss Fine Art