Monthly archive
18 headlines
Source-linked reporting
martincid.com
Lin Fengmian, Dunhuang Musicians, 131.5 x 160 cm, has an estimated price of HK$2,800,000-3,800,000 and was presented by Bonhams in Hong Kong. The work, described as the largest-ever painting by the artist to appear on the market, was part of Bonhams Fine Chinese Paintings Sale in June 2022. The painting depicts ten musicians and is tied to Lin’s Dunhuang series.
usaartnews.com
Paris Hilton helps Lacma launch a new acquisition fund for digital art by women artists. The fund is Lacma’s first dedicated to digital art and marks Hilton’s first art-museum endowed fund. Artists mentioned include Tony Oursler, Petra Cortright, Ryan Trecartin, and Shantell Martin in relation to Lacma's digital-art holdings.
usaartnews.com
The article discusses a Sotheby’s– Chesterfield Gallery collaboration in the Hamptons showcasing contemporary glass artists such as Jonas Noël Niedermann and Joshua Bernbaum alongside blue-chip artists Roy Lichtenstein and Lee Krasner. The pop-up at Sotheby’s East Hampton runs until July 25 and aims to broaden glass art’s appeal within the fine art market.
salonprivemag.com
The article reports Christie’s Spring 2022 marquee week final evening sales totaling $843.7 million, with The Collection of Anne H. Bass achieving $363.1 million, The 20th Century Evening Sale at $468.2 million, and The Raptor at $12.4 million. Notable records include Edgar Degas’s Petite danseuse de quatorze ans selling for $41.6 million and Monet’s Parlement at $75.9 million.
artnews.com
Louise Bourgeois’s 1996 steel Spider sold for $40 million at Art Basel by Hauser & Wirth, bought by a private collection. The piece is from Ursula Hauser’s collection and is a steel sculpture that cannot be outdoor displayed. Bourgeois’s Spider set an auction record for her work and is notable among top prices for women artists.
usaartnews.com
Jeff Koons Balloon Monkey (Magenta), 2006–2013, valued at £10 million ($12.6 million) was sold by Viktor Pinchuk and Elena to raise funds for Ukrainian medical care. Proceeds go to the Collectors Family Foundation’s UK office; the piece will be offered at Christie’s London during the 20th and 21st century sale. Previous Koons works by Pinchuk have seen higher or lower estimates in past auctions.
press.christies.com
Alexandra Kindermann reports that Christie’s Hubert de Givenchy live auctions achieved €114,440,878 / $119,759,614 / £98,802,080, with top lot Alberto Giacometti’s Femme qui marche [I] selling for €27,169,500 ($28,419,297). The sale set 19 new world records and 20 lots sold above €1 million; online sales extended to 23 June.
sothebys.com
René Magritte’s Galatée, a late-period work highlighted in Sotheby’s Modern & Contemporary Day Auction in June 2022, is discussed by An Paenhuysen. The article references Magritte’s concept of blue sky and its iconography within the painting, noting the work’s dating and its relation to Magritte’s other motifs.
liverpoolmuseums.org.uk
National Museums Liverpool reports a major new acquisition by Giovanni Andrea Sirani, Allegory of Painting and Music, funded by Art Fund, to be housed in the Walker Art Gallery as part of the Renaissance Rediscovered project. The project, costing about £710,000, renovates the Medieval, Renaissance and Baroque rooms and is scheduled to open in 2023.
news.artnet.com
The article reports that 25 paintings purportedly by Jean-Michel Basquiat were seized by the FBI from the Orlando Museum of Art in a mid-day raid. The affidavit cited concerns about the works' provenance and authenticity. The works are said to have been produced in 1982 and were owned by dealer William Force and Leo Mangan; they allegedly sold to Thad Mumford for $5,000 and resurfaced in 2012 after a storage-unit seizure, with Force purchasing them for $15,000.
christies.com
Monet and Klein lead the 20th/21st Century London to Paris evening sales; the three-sale series achieved £203,881,403 / €236,094,664. The report highlights Claude Monet, Yves Klein, and Marc Chagall among the leading artists, with additional mentions of Rachel Jones, Caroline Walker, and Joel Mesler.
salonprivemag.com
The item discusses Christie’s Hubert de Givenchy collection sale totaling €114,440,878 ($119,759,614) and €98,802,080, highlighting record prices and multiple lots selling above €1 million and €5 million. The top lot was Alberto Giacometti’s Femme qui marche [I] at €27,169,500.
news.artnet.com
The Christie’s London and Paris 20th/21st Century Evening Sales totaled £203.8 million ($248 million). Highlights include works by Claude Monet, Yves Klein, René Magritte, and Pierre Soulages, plus Jens Faurschou acquiring Jeff Koons’s Balloon Monkey (Magenta) for £10.1 million ($12.4 million). The Koons piece was donated by Viktor Pinchuk and his wife Olena for Ukraine humanitarian aid.
news.artnet.com
Francis Bacon’s portrait of Lucian Freud sold for £43.3 million with fees ($52.7 million) at Sotheby’s London, surpassing its £35 million unpublished estimate and becoming the most expensive contemporary painting sold in London since 2014. The sale occurred during Sotheby’s London evening auctions, with total sale figures for the night and the week noted, including Christie’s stronger results earlier in the week, and the event featured a withdrawal of a Leon Kossoff painting.
artnews.com
The article reports that Sotheby’s London evening sale brought in £149 million ($182 million) with fees. It highlights Francis Bacon among the top lots and notes a hammer price total of £125 million before fees, with 61 of 79 lots sold and two withdrawn; 23 lots were guaranteed, 18 with irrevocable bids. The top lot mentioned is Francis Bacon’s 1964 Study for Portrait of Lucian Freud, which sold for £43 million ($52 million).
Christie’s
Christie’s documents the market development behind ["Cultural Dialogue Between London and Paris at Christie's Delivers a Total of £203,881,403 / $250,162,481 / €236,094,664 - Christie's", "Cultural Dialogue Between London and Paris at Christie's Delivers a Total of £203,881,403 / $250,162,481 / €236,094,664"]. Its account reports that • The collection Marc Chagall, Colour of Life: Works Formerly from the Artist's Estate achieved a total of £9,736,500 / $11,946,686 / €11,274,867 and was 100% sold.
Christie’s
Christie’s documents the market development behind ["Masterpieces From Hubert De Givenchy’s Collection of Decorative and Fine Arts Achieve € 82,992,850 / $86,810,521 / £71,373,851 - Christie's", 'Masterpieces From Hubert De Givenchy’s Collection of Decorative and Fine Arts Achieve € 82,992,850 / $86,810,521 / £71,373,851']. Its account reports that pARIS – On 14 June 2022, Christie’s held the first of six sales of the Hubert de Givenchy collection.
Christie’s
Christie’s documents the market development behind ["Christie's to Offer Monet's\xa0Nymphéas, temps gris (1907)\xa020th / 21st Century: London Evening Sale\xa0\xa0 - Christie's", "Christie's to Offer Monet's\xa0Nymphéas, temps gris (1907)\xa020th / 21st Century: London Evening Sale\xa0\xa0"]. Its account reports that lONDON AND PARIS – Claude Monet’s Nymphéas, temps gris (1907, estimate: £20,000,000-30,000,000) will be a highlight of Christie’s 20/21 London to Paris sale series, and is the second major painting by the artist to be offered in London this season, presented within the 20th / 21st Century:…