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February 2022 fine-art market intelligence

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Fine art

Mandarin Trading Ltd. v. Wildenstein court decision: New York Supreme Court dismisses complaint in 2007 slip op

case-law.vlex.com

Mandarin Trading Ltd. v. Wildenstein, 2007 NY Slip Op 52059(U) (N.Y. Sup. Ct. Sep 4, 2007) concerns Mandarin Trading Ltd. suing Guy Wildenstein and Wildenstein & Co., Inc. over an allegedly misrepresented sale of a painting by Paul Gauguin, Paysage Aux Trois Arbres. The court (New York County Supreme Court) granted the defendants’ motion to dismiss under CPLR 3211 based on documentary evidence and for failure to state a claim; decision date 04 September 2007; docket 602648/06.

Fine art

Gauguin’s Mata Mua goes back on show in Madrid after €100m deal

thetimes.com

Paul Gauguin's Mata Mua is returned to display in Madrid after a nearly €100 million deal over 15 years with Carmen Cervera, the Dowager Baroness Thyssen-Bornemisza. The painting had been in an air-conditioned vault in Andorra during stalled negotiations between the Spanish government and its owner.

Fine art

National Gallery of Victoria acquires Lavinia Fontana painting

artnews.com

Lavinia Fontana Mystic Marriage of St Catherine (ca. 1575) has been acquired by the National Gallery of Victoria in Melbourne, Australia, through the Felton Bequest. This work is Fontana’s first entry into a public collection in Australia and is among only about 30 paintings attributed to her by historians.

Fine art

Basquiat’s Portrait of the Artist as a Young Derelict will lead Christie’s New York 21st Century Evening Sale

press.christies.com

Jean-Michel Basquiat’s Portrait of the Artist as a Young Derelict, 1982, is highlighted as the leading work in Christie’s New York 21st Century Evening Sale in May at Rockefeller Center. The painting, executed across three conjoined panels and created in Basquiat’s Crosby Street studio, is noted for its motifs including the three-pointed crown and expansive painterly gestures, and it has appeared in major retrospectives and exhibitions.

Fine art

Phillips to offer a tour-de-force Basquiat as the star lot of the spring season

fineartmagazineblog.blogspot.com

Article reports Phillips, in collaboration with Yusaku Maezawa, offering Basquiat's Untitled, 1982 as the star lot in the New York Evening Sale of 20th Century & Contemporary Art on May 18, with an international tour preceding the sale. The painting is described as over sixteen feet wide and estimated in the region of $70 million.

Fine art

Le Figaro: Kandinsky painting returned to heirs of Jewish collector after wartime sale under duress

mondexcorp.com

Le Figaro reports that Kandinsky's 1909 painting Bild mit Häusern (Painting with Houses) sold under duress in October 1940 at the Stedelijk Museum Amsterdam has been returned to the heirs of Emmanuel Lewenstein, ending a protracted legal battle. The Dutch authorities and the city of Amsterdam announced an amicable agreement ensuring no further litigation.

Fine art

Christie’s Market Update: ["Christie's announces New York Asian Art Week | March 2022 - Christie's", "Christie's announces New York Asian Art Week | March 2022"]

Christie’s

Christie’s documents the market development behind ["Christie's announces New York Asian Art Week | March 2022 - Christie's", "Christie's announces New York Asian Art Week | March 2022"]. Its account reports that from Himalayan bronzes to huanghuali tables and early Korean paintings, the seven distinct sales of Asian Art Week offer a wide breadth of art from across every category of Asian art.

Fine art

Christie’s Market Update: ["The Collection of Ellen and Dan Shapiro to Be Offered in First Open: Post-war and Contemporary Art - Christie's", 'The Collection of Ellen and Dan Shapiro to Be Offered in First Open: Post-war and Contemporary Art']

Christie’s

Christie’s documents the market development behind ["The Collection of Ellen and Dan Shapiro to Be Offered in First Open: Post-war and Contemporary Art - Christie's", 'The Collection of Ellen and Dan Shapiro to Be Offered in First Open: Post-war and Contemporary Art']. Its account reports that • Forty-four photographs from the Ellen and Dan Shapiro Collection will be offered in First Open: Post-War and Contemporary Art, live for bidding from 23 February to 9 March 2022.

Fine Art

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