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November 2015 fine-art market intelligence

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Fine art

Masterworks from Taubman Collection bring $377 million at Sotheby’s

antiquesandthearts.com

A. Alfred Taubman collection at Sotheby’s totaled $377 million, led by Amedeo Modigliani’s Portrait of Paulette Jourdain which sold for $42.8 million. Frank Stella’s Delaware Crossing sold for $13.7 million, Willem de Kooning’s Untitled XXI sold for $24.9 million.

Fine art

Picasso portrait helps Sotheby’s put Taubman blues behind it

theartnewspaper.com

The Art Newspaper reports Sotheby’s Impressionist and Modern sale topped expectations after a Taubman sale earlier in the week, led by Pablo Picasso’s La Gommeuse (1901) sold for $67 million, a new Blue Period record. Other notable results included James Ensor’s Les Poissardes melancoliques (1892) at $7 million and Vincent van Gogh’s Le bébé Marcel Roulin (1888) at $7.6 million, with Paysage sous un ciel mouvementé (1889) selling for $54 million.

Fine art

Modigliani nude painting fetches record $170.4M in New York

csmonitor.com

A Medeo Modigliani nude painting titled Reclining Nude from 1917–1918 fetched $170.4 million at Christie's in Manhattan, setting a world record for the artist. The sale occurred in New York on November 9, 2015, and surpassed the previous Modigliani auction record of $71 million.

Fine art

Modigliani painting sells for record $170.4 million at auction

france24.com

Amedeo Modigliani's 1917-1918 painting, known as Reclining Nude, sold at Christie's New York for $170.4 million, setting a world record for the artist and marking the second highest price at auction for any artwork. The sale occurred during an evening sale in New York, with the buyer remaining anonymous.

Fine art

Modigliani’s Nu couché (Reclining Nude) leads a night of records in New York

christies.com

Amedeo Modigliani’s Nu couché (Reclining Nude), painted in 1917-1918, led Christie’s New York sale The Artist’s Muse, realizing $170,405,000 with buyer’s premium. The work set five world auction records for the artist and became the second highest price ever paid at auction for a work of art; the Long Museum purchased the top lot of the evening.

Fine art

Modigliani nude painting fetches $170 million at auction in New York

bloomberg.com

Amedeo Modigliani's 1917 Nu Couche (Reclining Nude) sold at Christie’s for $170.4 million, setting a record for the artist at auction. The sale occurred during New York’s semiannual Impressionist and modern, postwar, and contemporary sales.

Fine art

Chinese billionaire Liu Yiqian buys Modigliani nude for 170 million at Christie's

cnbc.com

Liu Yiqian, the Shanghai museum founder, purchased Amedeo Modigliani's Nu Couché (Reclining Nude) for 170.4 million dollars at Christie's in New York. The hammer price was 152 million dollars before fees, making it the second-highest price for a Modigliani at auction. The sale drew attention to other big-ticket items and contributed to Christie's total hammer and buyer's premium figures for the evening.

Fine art

Dealer’s Estate sues Nahmad Gallery seeking return of Modigliani portrait

news.artnet.com

Amedeo Modigliani painting Seated Man With a Cane (1918) is at issue in a New York lawsuit filed by the estate of a Paris art dealer against the Nahmad family. The suit seeks restitution of the $25 million Nazi-looted portrait, alleging the painting is controlled by the Nahmad-affiliated International Art Center and stored in a Geneva freeport.

Fine Art

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