Monthly archive
14 headlines
Source-linked reporting
news.artnet.com
The page reports that a New York Supreme Court judge allowed Fabrizio Moretti's $6 million lawsuit against David Zwirner to proceed regarding Jeff Koons's Gazing Ball (Centaur and Lapith Maiden), 2013. It notes the charges of fraud and promissory estoppel and references commentary from the Art Newspaper.
artforum.com
The Wildenstein Plattner Institute was founded to advance art-historical research through accessibility, cataloguing, and digitization of primary sources. The institute is cofounded by Guy Wildenstein and Hasso Plattner, with Elizabeth Gorayeb named executive director; a publishing imprint will launch a catalogue raisonné of Jasper Johns’s painting and sculpture authored by Roberta Bernstein.
artnews.com
Edvard Munch’s Pikene på broen (Girls on the Bridge), 1902, led Sotheby’s Impressionist and Modern art evening sale with a realized price of 54.5 million. The sale totaled 157.7 million with 81 percent sold. Other notable prices include Vincent van Gogh’s Nature morte: vase aux glaïeuls, 1886 at 5.86 million and László Moholy-Nagy EM 1 Telephonbild, 1922 at 6.1 million, setting a new artist record.
news.artnet.com
Edvard Munch’s Girls on the Bridge (1902) sold for $54.2 million with premium at Sotheby’s Impressionist and modern art sale. The sale totaled $157.7 million with 34 of 42 lots sold (81 percent by lot, 92 percent by value).
artnews.com
Willem de Kooning Untitled XXV (1977) realized $66.3 million, exceeding its $40 million estimate. Christie’s postwar and contemporary sale in New York totaled $277.5 million with 54 of 61 lots sold. The event did not meet earlier high estimates and showed a decline versus prior years, including November 2014’s $852.9 million sale; de Kooning’s record was accompanied by other highlights and several artist records.
news.artnet.com
Willem de Kooning Untitled XXV (1977) sold for $66.3 million, above an estimated range around $40 million. John Currin, Jean Dubuffet, Giuseppe Gallo, and Jonathan Horowitz also set auction records in Christie’s New York postwar and contemporary sale totaling $277 million.
theartnewspaper.com
The article reports Claude Monet’s Meule (Grainstack) (1891) selling for $81.4m including fees at Christie’s in New York, a new auction record for Monet. The sale helped Christie’s Impressionist and Modern Art evening sale achieve $214.4m with fees, over the estimate of $202m, and an 81% sell-through rate. Other notable results included Wassily Kandinsky’s Rigide et courbé (1935) selling for £20.6m ($23.3m with fees).
artnews.com
Gerhard Richter, Düsenjäger (Huntsman), 1963, oil on canvas, realized $25.6 million. The sale total was $111.2 million, up 66 percent from last year. The piece is part of Phillips’s fall New York evening auction, which sold 34 of 37 lots with a 92 percent sell-through rate.
theartnewspaper.com
Ames collection helps Sotheby’s bring strong result in contemporary art auction. The piece mentions six Gerhard Richter works from the Steven and Ann Ames collection totaling $63.3m, led by A.B., Still (1986), and Njideka Akunyili Crosby selling for $1.1m with fees; Crosby’s prior record was $93,750. The auction overall brought in $237.4m (before fees) with Christie’s competition noted.
culturetype.com
Njideka Akunyili Crosby’s painting Drown sold for $1,092,500 at Sotheby’s New York on November 17, 2016, setting an auction record for the artist for the second time in two months. The work is a 2012 acrylic, colored pencil and solvent transfer on paper measuring 60 by 72 inches, and sold with fees; the sale was reported by Culture Type citing six bidders and coverage of interracial themes in Crosby’s work.
theglobeandmail.com
Lawren Harris’s Mountain Forms sold for $11.2-million in Toronto, setting a Canadian art record. Alan Klinkhoff predicted that a Morrice could be worth $20-million, while the sale suggested rising interest in Group of Seven and Canadian modernist artists, with commentary from David Silcox and notes on related exhibitions.
news.artnet.com
France returned a portrait by Joos van Cleve to the grandchildren of a German-Jewish couple who were driven to sell the work in the 1930s. The painting, titled Portrait d’homme, dates to the 1530s or 1540s and was acquired by Martin Bromberg in Berlin in 1912 before passing through several hands, including a sale in Paris in 1938 and a Reich Chancellery acquisition during World War II.
Sotheby’s
Sotheby’s reported $276.6 million traded in its contemporary art evening auction, with all but four of 64 lots sold; 25 paintings from the Steven and Ann Ames collection dominated the sale, including five Gerhard Richters totaling $75.6 million.
Sotheby’s
Three auctions of David Bowie’s collection totaled £32.9 million and set 59 artist records, drawing more than 1,000 online bidders; Jean-Michel Basquiat’s Air Power led the published highlights at £7.093 million.