Camille Pissarro’s Picking peas. 1887, involved in a restitution case where heirs of Simon Bauer seek return of the painting. The work was owned by Bauer’s heirs after being plundered by the Nazis in 1943; American collectors Bruce and Robbie Toll purchased it in 1995 for $800,000. After multiple court rulings, the Supreme Court decision in 2020 was final, though Toll family lawyers consider appealing to the European Court of Human Rights.
Matthew Wong’s The Realm of Appearances, an oil on canvas from 2018, sold at Sotheby’s for US$1.5 million (US$1.8 million with fees) after being estimated at US$60,000–US$80,000. The painting was part of Sotheby’s online evening sale in late June with 59 registered bidders and ultimately sold to an anonymous buyer.
Roy Lichtenstein’s Nude with Joyous Painting (1994) is discussed as a high point in his Nudes series, highlighted as part of Christie’s ONE sale that realized $46,242,500 in New York on 10 July 2020. The piece is described in Lichtenstein’s Ben-Day dot style and relates to a mood of Hitchcock-like tension in a domestic interior, with provenance noted as property from an important private American collection.
Sotheby’s Modern Art Evening Sale in Hong Kong realises HK$826 million / US$107 million. The event achieved the second highest total for the category at Sotheby’s and included multiple records, with Sanyu’s Quatre nus selling for HK$258m / US$33.3m, Chu Teh-Chun’s Les éléments confédérés reaching HK$114m / US$14.7m, and seven Zao Wou-Ki paintings selling collectively for HK$318.5m / US$41m.
The article discusses Joseph Nahmad (JN Contemporary Art LLC) suing Phillips auction house over a failed £3 million bid guarantee and a $5 million guarantee for Rudolf Stingel, amid weak market conditions. The suit, filed in New York, claims Phillips reneged on the deal, while Phillips attributes the decision to the pandemic’s impact on the market.
The Christie’s ONE global sale of the 20th century concluded with a total of USD 420,941,042 (GBP 269,402,267; EUR 332,543,423; HKD 3,270,711,896). Roy Lichtenstein’s Nude with Joyous Painting sold for 46,242,500 USD, Barnett Newman’s Onement V for 30,920,000 USD, and Wayne Thiebaud’s Four Pinball Machines for 20,137,500 USD, a new auction record. The event was staged across multiple hubs, with New York leading the sale and a global team of four auctioneers guiding the bidding from Hong Kong, Paris, London, and New York.
The Christie’s four-city relay sale, titled ONE, took place simultaneously in Hong Kong, Paris, London, and New York, culminating in a total of $421 million. The event faced some technical glitches but successfully moved across time zones and currencies, with bidding led by different auctioneers in each region.
Roy Lichtenstein created the nude that led Christie’s to a $421 million sale, with the auction conducted virtually across four cities: Hong Kong, Paris, London and New York.
Roy Lichtenstein’s Nude with Joyous Painting (1994) sold for $46,242,500 in Christie’s ONE: A Global Sale of the 20th Century. Brice Marden’s Complements (2004-2007) sold for $30,920,000 in the same sale.
The article covers Christie’s four-city virtual auction that spanned four hours and raised $420.9 million in sales, with 79 artworks offered and Roy Lichtenstein’s Nude with Joyous Painting as the top lot at $46.2 million in Hong Kong and New York bidding; Barnett Newman’s Onement V and Brice Marden are also mentioned among notable works.
The article reports world auction records for Mario Carreño, Vija Celmins, Leonor Fini, Helen Frankenthaler, Wifredo Lam, Alice Rahon, Remedios Varo, Matthew Wong, and Jean-Michel Basquiat (Work on Paper). It highlights a groundbreaking live-streamed auction format led by Sotheby’s in New York, with Francis Bacon’s triptych achieving $73.1 million as a notable record, and notes strong bidding across multiple works and regions.
Christian House reports on rediscovered masterpieces to be offered in Sotheby’s Rembrandt to Richter, Evening Sale on 28 July, spanning 17th to 20th century Dutch, Italian and Scandinavian works including Rubens and Hals.
Gavin Brown is leaving Gavin Brown’s Enterprise to become a partner at Gladstone Gallery. Confirmed artists switching over include Ed Atkins, Kerstin Brätsch, LaToya Ruby Frazier, Arthur Jafa, Joan Jonas, Alex Katz, Mark Leckey, Rachel Rose, Frances Stark, and Rirkrit Tiravanija; it is unclear whether Urs Fischer, Cy Gavin, and Laura Owens will transfer. Brown will close his Harlem headquarters but will continue to run the gallery he opened in a Roman church in 2015, with additional outposts previously in the Lower East Side and Harlem.
Gerhard Richter, Sigmar Polke and Cy Twombly artworks are highlighted in Ketterer Kunst’s 500th auction with total proceeds around €29.8 million and multiple top results, including a record for Richter’s Christiane und Kerstin at €2,625,000. The report cites a continental European record and top 10 results for the first half of 2020.
Jean-Michel Basquiat's painting Boy and Dog in Johnnypump, valued at over $100 million, is loaned by Ken Griffin to the Art Institute of Chicago and is on view in the Modern Wing. The work, created in 1982, is described as emblematic of Basquiat's focus on New York street life and is expected to remain on loan for the foreseeable future.
Banksy is mentioned in connection with Sotheby’s last major virtual evening sale of the summer, which featured a cross-category mix including works by Pieter Bruegel the Younger, Barbara Hepworth, Blinky Palermo, Louise Bourgeois, Amoako Boafo, Kehinde Wiley, Peter Paul Rubens, Francis Bacon, and Banksy. The article notes the sale’s mixed results and highlights a large Francis Bacon painting achieving the night’s second-highest auction mark.
Rembrandt and Joan Miró are among the artists discussed in the London hybrid sale led by Rembrandt at Sotheby's. The auction, titled Rembrandt to Richter, totaled £149.7 million ($192.7 million) with 150,000 viewers across online channels. The sale drew attention to works by Old Masters, modern masters, and contemporary artists, with several lots withdrawn prior to bidding.
The article reports Sotheby’s cross-category evening sale in London realizing £149.7 million ($192.7 million). A Joan Miró work sold for £22.3 million ($28.7 million), the highest price for an artwork at auction in Europe this season. Across sales in Paris, Geneva, Hong Kong, and New York, Sotheby’s raked in about $1.1 billion.
Banksy’s Mediterranean sea view triptych (Mediterranean sea view 2017) sold for over €2.3m ($2.8m) at Sotheby’s in the virtual Rembrandt to Richter auction. The work, installed at Banksy’s Walled-Off Hotel in Bethlehem, funds a Bethlehem hospital stroke unit and children’s rehabilitation aids.
Nate Freeman reports in Artnet News about Gagosian planning a new gallery space in the vacant Marciano Museum in Los Angeles. The piece notes Larry Gagosian’s expansion in LA alongside the existing Beverly Hills gallery. The column frames gossip and updates from the art world.
Sotheby’s documents the market development behind Record-Breaking Rembrandt to Richter Sale Reinvents the Auction. Its account reports that istory was made last night at Sotheby’s as Oliver Barker took to the rostrum to preside over Rembrandt to Richter, the first sale of its kind incorporating multiple locations and works from across categories, spanning 500 years of art history.
Sotheby’s documents the market development behind Rembrandt to Richter: Sotheby’s Flagship Summer Sale Series. Its account reports that here is a whole lot of art history packed into the grand finale of Sotheby’s flagship summer sale series.
Sotheby’s documents the market development behind SOTHEBY’S TO AUCTION FROM THE ARCHIVE. Its account reports that marking the first time LeBron James wore his nickname “King James” on the court, James wore this jersey on January 10, 2014 at the Barclays Center while playing for the Miami Heat against the Brooklyn Nets, in what is referred to as the legendary “Nickname Game” – the first time the NBA debuted…
Sotheby’s documents the market development behind Sotheby's Hong Kong Outperforms with US$411 Million Tally at 2020 Spring Auctions in Asia. Its account reports that otheby’s concluded its week of Hong Kong Spring Sales on 11 July.
Sotheby’s documents the market development behind Hockney's '30 Sunflowers' Nears Highest Price for a Western Work Sold in Asia at HK$115 Million. Its account reports that cORRECTION: An earlier version of this post incorrectly stated that David Hockney's 30 Sunflowers was the highest price for a Western work sold in Asia.
Sotheby’s documents the market development behind Sotheby's Modern Art Spring Sales Total HK$883 Million / US$114 Million. Its account reports that for a Combined Total of HK$318.5m / US$41m, Led by The Artist’s ‘Hurricane Period’ Masterpieces 20.03.60 and 19.11.59, Sold Respectively for HK$115m / US$14.8m and HK$111m / US$14.3m.
Sotheby’s documents the market development behind Rembrandt to Richter: Sotheby’s Announces Title of Flagship Cross-Category Evening Auction in London. Its account reports that sotheby’s today announced the second headline work of its major cross-category summer evening auction, which will take place in London on 28 July.
Sotheby’s documents the market development behind Rediscovered Frans Hals Masterpiece Unseen for over 65-years To be offered at Sotheby’s this Summer. Its account reports that lONDON, 4 July 2020: Emerging from a private collection, unseen and unconsidered by scholars for over half a century, a rediscovered portrait by the great Dutch master, Frans Hals, will be offered at Sotheby’s next month.
Sotheby’s documents the market development behind The Collection of Sidney and Bernice Clyman Totals $16 Million. Its account reports that nEW YORK, 2 July 2020 – Sales featuring property from the Collection of Sidney and Bernice Clyman concluded Tuesday, achieving $16 million across four auctions held during our marquee auction week in New York.
Sotheby’s documents the market development behind SOTHEBY’S JUNE 2020 AUCTIONS OF CONTEMPORARY AND IMPRESSIONIST & MODERN ARTACHIEVE $431.3 MILLIONSeries of 5 Evening & Day Auctions Is 85% Sold. Its account reports that nEW YORK, 1 July 2020 – Sotheby’s marquee June sales of Contemporary Art and Impressionist & Modern Art concluded yesterday in New York, achieving $431.3 million across a series of five auctions that was a strong 85% sold by lot and set 14 world auction records.