The article discusses Martin Kippenberger’s posthumous market surge, highlighting a 1988 self-portrait sold by Christie’s to Larry Gagosian for $22.5 million after a $20 million estimate, and noting several top sales through 2014–2015 including a $16.4 million 1988 self-portrait and a $12.5 million Jacqueline Picasso painting. It also covers the “Underwear Paintings” (Picasso Paintings) and the “Hand-Painted Pictures” series, with mentions of Galerie Max Hetzler in Cologne and Skarstedt Gallery’s related show.
The painting Blue Nude, created in 1955 by Nicolas de Stael, sold for $84,000 at Kaminski’s New Year’s sale. The work is an oil on paper study that Kaminski suggested may have been a preparatory piece for a larger painting, and the buyer was a European phone bidder.
Yusaku Maezawa bought Basquiat Untitled (1982) for $110.5 million at Sotheby’s and will have it featured in a Brooklyn Museum show titled “One Basquiat” from January 26 to March 11; the painting’s tour will continue elsewhere after the Brooklyn stop.
Jean-Michel Basquiat’s untitled skull painting sold at Sotheby’s for $110.5 million and is set to headline a Brooklyn Museum exhibition titled One Basquiat. The show opens January 26 and is organized by Eugenie Tsai.
Simon de Pury and his wife Michaela de Pury claimed a $10 million commission for helping negotiate the sale of Paul Gauguin’s Nafea Faa Ipoipo? (When Will You Marry?), 1892, which sold for $210 million. The UK High Court ruling discussed breaches of fiduciary duty and the alleged gentleman’s agreement governing the commission.
The article reports that Frank Dunphy and his wife Lorna will donate works by Damien Hirst, Rachel Whiteread, Tracey Emin, Gavin Turk, Peter Blake, and Michael Craig-Martin to Pallant House Gallery. Donations include Whiteread Untitled (For Frank) (1999), Tracey Emin’s Roman Standard (2005), Hirst’s Bognor Blue (2008) and Scissors (wallpaper pink) (2004), Michael Craig-Martin’s Scissors (wallpaper pink) (2004), Peter Blake’s Love (2007), and Gavin Turk’s Dump (2004). The gift, announced to accompany Pallant House Gallery’s POP! Art in a Changing Britain exhibition, will underscore the YBA debt to Pop art.
Art Law & More reports that London’s High Court ruled in favor of a husband-and-wife art advisory team, awarding US$10 million to Simon de Pury and Michaela de Pury after a dispute over the commission for negotiating the sale of Paul Gauguin’s 1892 painting Nafea faa ipoipo. The work, owned by Ruedi Staechelin, was sold for US$210 million in 2014, with Staechelin later refusing to pay the commission under a gentleman’s agreement.
Art advisor Simon de Pury and his wife Michaela won a US$10 million commission in a dispute over the sale of Paul Gauguin’s 1892 painting Nafea faa ipoipo. The case involved negotiating a sale completed for US$210 million, with Staechelin ordered to pay de Pury US$10 million plus costs and interest.
The article discusses Camille Pissarro's painting La Cueillette, looted during World War II, tied to Simon Bauer. After WWII, an ordinance of 21 April 1945 allowed restoration of looted artworks; Bauer's heirs pursued restitution, with a 2017 Paris court ruling applying the ordinance and confirming its jurisdiction, ultimately impacting ownership proceedings and sequestration in France.
Tahiti collector Paul Yeou Chichong disclosed a private collection of 350 paintings spanning Old Masters, Impressionism, Pop Art and Aboriginal art, valued it at about $61 million, and said he wanted to lend it permanently if French Polynesia built a secure museum.