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13 headlines
Source-linked reporting
artnews.com
The Phillips London evening sale totaled £17.5 million ($21 million) with fees, from 33 lots, 31 sold and two withdrawn. Works by Shara Hughes, Caroline Walker, Flora Yukhnovich, Damien Hirst, and Stanley Whitney were among those featured, with the auction generating one new record for Antonia Showering. The hammer total before fees was £14.3 million ($17.5 million) against presale estimates of £13.5 million–£18.4 million.
usaartnews.com
The article reports Phillips’s 20th century and contemporary art sale in London totaling £17.5m against a £13.5m to £18.4m presale estimate. It highlights Antonia Showering’s We Stray (2020) with a £190,000 hammer price, and notable results for Lauren Quin, María Berrío, Caroline Walker, Flora Yukhnovich’s Moi aussi je déborde (2017) at £1.4m hammer (£1.7m with fees), Cy Twombly’s Untitled (1962) at £2.2m (£2.7m with fees), Michelangelo Pistolleto’s Ragazza in minigonna / Ragazza seduta per terra (1962-67) at £1.8m (£2m with fees), and Louise Bourgeois’s hanging soft sculpture at £700,000 (£869,500 with fees). Damien Hirst and Philippe Parrenno saw passes, with two lots pulled before the sale. The bidding appeared broad internationally, with a mix of live and online participation.
usaartnews.com
The article discusses London auction results from Sotheby’s, Christie’s, and Phillips, including Francis Bacon’s portrait of Lucian Freud and several sales totals. It mentions the risk context of a macroeconomic correction and provides takeaways on overall sales performance versus expectations.
cnn.com
The article reports that Spanish authorities seized a Picasso sketch worth over $460,000 at Ibiza airport from an unnamed traveler who did not declare it. An invoice in the luggage allegedly identifies the drawing as an original, a 1966 work titled “Trois personnages.”
pugliareporter.com
Bari: recuperato e rimpatriato dall’Austria un dipinto seicentesco attribuito a Artemisia Gentileschi, raffigurante Caritas romana, proveniente dalla collezione del Conte Giangirolamo II Acquaviva d’Aragona; due persone indagate per truffa ed esportazione illecita di beni culturali.
apnews.com
Frances D’Emilio reports that Italian authorities thwarted a potential illegal sale of Artemisia Gentileschi’s Caritas Romana, which had been described as by a follower to obtain export permission. The painting, valued at at least 2 million euros, was involved in an attempted sale through a Vienna auction house and was formerly exported to Austria in 2019.
news.artnet.com
Artemisia Gentileschi’s Caritas Romana was blocked from sale in Austria after Italian authorities alleged it was illegally exported by the owners. The Carabinieri TPC seized the work at Dorotheum in Vienna and it has been returned to Bari; investigators are pursuing a criminal case against the owners for illegal export and fraud. The export license had been revoked in 2020 and the piece was described as by a follower rather than the artist when initially exported.
artnews.com
Artemisia Gentileschi’s Caritas Romana, dated to the 17th century, was blocked from sale by Italian authorities. The Carabinieri alleged the work was catalogued fraudulently as by an anonymous follower, and the painting was exported to Austria in 2019 with an export license later scrutinized.
Christie’s
Christie’s documents the market development behind ["Christie’s and HomeArt\xa0Are Proud to Announce\xa0FLESH AND SOUL: BACON/GHENIE\xa0To Touch Down in Seoul\xa0this September\xa0 - Christie's", 'Christie’s and HomeArt\xa0Are Proud to Announce\xa0FLESH AND SOUL: BACON/GHENIE\xa0To Touch Down in Seoul\xa0this September\xa0']. Its account reports that —including 20 and 21 Century art (Post War and Contemporary, Modern and Impressionist art), Old Masters, prints, photographs, jewellery, handbags, wine, watches, cars, design, rare books, guitars, memorabilia, manuscripts, and much more—with prices ranging from $500 to over $100 million.
Christie’s
Christie’s documents the market development behind ["CHRISTIE’S LAUNCHES VENTURE FUND - Christie's", 'CHRISTIE’S LAUNCHES VENTURE FUND']. Its account reports that cHRISTIE’S VENTURES WILL FUND EMERGINGTECHNOLOGIES AND FINANCIAL INNOVATIONS RELEVANT TO ART MARKET SUCCESSFULLY CLOSED FIRST INVESTMENT IN LAYERZERO LABS LEADING WEB3.0 COMPANY.
Phillips
Phillips’s preserved release documents Phillips to Offer Two Zao Wou-Ki Paintings from the Sin-May Roy Zao Collection and details the principal works, sale terms, or market results.
Christie’s
Christie’s documents the market development behind ["Christie’s Global Sales Achieve £3.3 B / $4.1 B in First Half 2022 - Christie's", 'Christie’s Global Sales Achieve £3.3 B / $4.1 B in First Half 2022']. Its account reports that “Our results in the first half of 2022 have been remarkably strong, with many memorable moments like the sales of Warhol’s Marilyn and of the Bass collection in New York, and of the Givenchy collection in Paris.
Christie’s
Christie’s documents the market development behind ["Evening Sales Total £47,514,277 / $56,732,047 / €55,591,704 The Exceptional Sale and Old Masters Evening Sale - Christie's", 'Evening Sales Total £47,514,277 / $56,732,047 / €55,591,704 The Exceptional Sale and Old Masters Evening Sale']. Its account reports that london \- Christie’s Classic Week evening sales – The Exceptional Sale and the Old Masters Evening Sale \- realised a combined total of £47,514,277 / $56,732,047 / €55,591,704, achieving sell-through rates of 72% by value and 77% by lot.