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September 2022 fine-art market intelligence

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Fine art

Nazi looted Kandinsky painting to be returned to rightful heirs, DutchNews.nl reports

dutchnews.nl

The Van Abbemuseum painting View of Murnau with church by Wassily Kandinsky, deemed looted during the Nazi era, will be returned to the heirs of Johanna Margarethe Stern-Lippmann following a Restitutions Committee ruling in The Hague. The decision marks the first major restitution under a new Dutch policy, following years of investigation and correspondence that uncovered new facts.

Fine art

BNZ Art Collection: Colin McCahon artworks sold for millions of dollars

nzherald.co.nz

Colin McCahon's 1982 Is There Anything of Which One Can Say, Look, This Is New? sold for $2.39m, setting a New Zealand auction record. Other McCahon works, including O Let Us Weep, sold for $926,125, while Town Boundary by Brent Wong and The Fugitive by Tony Fomison fetched $472,025 and $1.82m respectively. The sale totaled more than $13.5m in part one, with notable artists Rita Angus, Gordon Walters, Toss Woollaston, Gretchen Albrecht, Milan Mrkusich, Don Binney, and Ralph Hotere also represented.

Fine art

Kandinsky painting returned to heirs by Dutch museum

artforum.com

Wassily Kandinsky View of Murnau with Church, 1910, which had been at the Van Abbemuseum in Eindhoven since 1951, is being transferred to the heirs of Johanna Margarethe Stern-Lippmann, a Berlin-based modern art collector killed at Auschwitz in 1944. A Dutch restitution committee reversed its 2018 decision, citing new details from correspondence and inventory lists, marking the first major restitution under the country’s restitution policy.

Fine art

Christie's highlights from Visionary: The Paul G. Allen Collection

press.christies.com

Artists mentioned include Jan Brueghel the Younger, J. M. W. Turner, Edouard Manet, Vincent van Gogh, Georges Seurat, Paul Gauguin, Claude Monet, Gustav Klimt, Georgia O'Keeffe, Francis Bacon, and Lucian Freud. The artwork collection is Visionary: The Paul G. Allen Collection and the sale is part of highlights from the collection ahead of two live auctions in New York City, with proceeds supporting philanthropy.

Fine art

Auction debut for Picasso’s large-scale portrait of his wife, Jacqueline Roque: Femme assise à la galette des rois

sothebys.com

Pablo Picasso’s Femme assise à la galette des rois, 1965, oil on canvas (100 x 73 cm), leads Sotheby’s Hong Kong Modern Art Evening Auction on 7 October with an estimated HK$60-80 million / US$7.7-10 million. The work depicts Jacqueline Roque, Picasso’s wife and muse, and will be shown unseen in public for more than 30 years. The press release notes Picasso’s relationship with Jacqueline and references the artwork’s royal imagery and the galette des rois motif.

Fine art

Kandinsky painting returned to Jewish family as Netherlands shifts approach to looted art

jta.org

The Wassily Kandinsky painting View of Murnau with Church, owned by Johanna Margarethe Stern-Lippmann, is being returned to her descendants after a 2022 decision by the Dutch Restitutions Committee reversing a 2018 ruling and citing new evidence. The painting had been in Eindhoven’s art museum since 1951 and is titled Blick auf Murnau mit Kirche or View of Murnau with Church.

Fine art

The rarely seen art collection of a former TV lawyer could sell for $100 million at Sotheby’s

news.artnet.com

David Solinger’s collection, including an early de Kooning collage and a painted Giacometti bronze, may bring in $100 million at Sotheby’s with 90 lots across four sales in New York and Paris. The sale features pieces from the late art patron Solinger, who died in 1996, with sales in November in New York and Paris.

Fine art

Whistler’s Peacock Room opens after weeks of restoration

smithsonianmag.com

Whistler’s Peacock Room opened after months of restoration at the Freer Gallery of Art, part of the Smithsonian National Museum of Asian Art. The room was originally painted by James McNeill Whistler for a London patron, with controversy surrounding its creation and its patron, Frederick Richards Leyland. The centerpiece is Whistler’s Harmony in Blue and Gold: The Peacock Room, featuring Rose and Silver: the Princess from the Land of Porcelain.

Fine art

Christie’s Market Update: ["Christie's New York Announces The Roger Sant Collection - Christie's", "Christie's New York Announces The Roger Sant Collection"]

Christie’s

Christie’s documents the market development behind ["Christie's New York Announces The Roger Sant Collection - Christie's", "Christie's New York Announces The Roger Sant Collection"]. Its account reports that new York— Christie’s is honored to announce The Roger Sant Collection will be sold during the Fall Marquee Week of sales taking place this November in New York.

Fine art

Christie’s Market Update: ["TRACEY EMIN TO OFFER LIKE A CLOUD OF BLOOD (2022) TO RAISE FUNDS FOR PIONEERING STUDIO COMPLEX IN MARGATE: TKE STUDIOS - Christie's", 'TRACEY EMIN TO OFFER LIKE A CLOUD OF BLOOD (2022) TO RAISE FUNDS FOR PIONEERING STUDIO COMPLEX IN MARGATE: TKE STUDIOS']

Christie’s

Christie’s documents the market development behind ["TRACEY EMIN TO OFFER LIKE A CLOUD OF BLOOD (2022) TO RAISE FUNDS FOR PIONEERING STUDIO COMPLEX IN MARGATE: TKE STUDIOS - Christie's", 'TRACEY EMIN TO OFFER LIKE A CLOUD OF BLOOD (2022) TO RAISE FUNDS FOR PIONEERING STUDIO COMPLEX IN MARGATE: TKE STUDIOS']. Its account reports that \- One of the first paintings that Tracey Emin created following her cancer treatment, Like a Cloud of Blood , will be offered by the artist to raise funds for her innovative new artist’s studio complex in Margate.

Fine art

Christie’s Market Update: ["Christie's New York Announces The Roger Sant Collection - Christie's", "Christie's New York Announces The Roger Sant Collection"]

Christie’s

Christie’s documents the market development behind ["Christie's New York Announces The Roger Sant Collection - Christie's", "Christie's New York Announces The Roger Sant Collection"]. Its account reports that new York— Christie’s is honored to announce The Roger Sant Collection will be sold during the Fall Marquee Week of sales taking place this November in New York.

Fine art

Christie’s Market Update: ["CONTEMPORARY ARTIST ANDREA BONACETO TO AUCTION HIS LATEST NFT WORK “AB INFINITE 1” DURING CHRISTIE’S 20TH / 21ST CENTURY EVENING SALE IN LONDON ON THE\xa0\xa013TH OF OCTOBER 2022 - Christie's", 'CONTEMPORARY ARTIST ANDREA BONACETO TO AUCTION HIS LATEST NFT WORK “AB INFINITE 1” DURING CHRISTIE’S 20TH / 21ST CENTURY EVENING SALE IN LONDON ON THE\xa0\xa013TH OF OCTOBER 2022']

Christie’s

Christie’s documents the market development behind ["CONTEMPORARY ARTIST ANDREA BONACETO TO AUCTION HIS LATEST NFT WORK “AB INFINITE 1” DURING CHRISTIE’S 20TH / 21ST CENTURY EVENING SALE IN LONDON ON THE\xa0\xa013TH OF OCTOBER 2022 - Christie's", 'CONTEMPORARY ARTIST ANDREA BONACETO TO AUCTION HIS LATEST NFT WORK “AB INFINITE 1” DURING CHRISTIE’S 20TH / 21ST CENTURY EVENING SALE IN LONDON ON THE\xa0\xa013TH OF OCTOBER 2022']. Its account reports that “I’m humbled to see AB Infinite 1 included in the prestigious Evening Sale hosted by Christie’s next to traditional art masterpieces,” said artist Andrea Bonaceto.

Fine art

Sotheby’s Market Update: The Huntington acquires British Works of Art | Old Master Minute

Sotheby’s

Sotheby’s documents the market development behind The Huntington acquires British Works of Art | Old Master Minute. Its account reports that the Huntington Library, Art Museum, and Botanical Gardens in San Marino, California have announced their recent acquisition of several British works of art.

Fine art

Sotheby’s Market Update: A Legacy of Innovation: Works from the William S. Paley Collection Sold to Benefit The Paley Foundation and The Museum of Modern Art and Other Charitable Organizations

Sotheby’s

Sotheby’s documents the market development behind A Legacy of Innovation: Works from the William S. Paley Collection Sold to Benefit The Paley Foundation and The Museum of Modern Art and Other Charitable Organizations. Its account reports that this fall, 21 works acquired by William S.

Fine art

Christie’s Market Update: ["Online Contemporary Art July Sales Total $11.7 Million\xa0 - Christie's", 'Online Contemporary Art July Sales Total $11.7 Million\xa0']

Christie’s

Christie’s documents the market development behind ["Online Contemporary Art July Sales Total $11.7 Million\xa0 - Christie's", 'Online Contemporary Art July Sales Total $11.7 Million\xa0']. Its account reports that prints & Multiples sale Contemporary Edition closed Tuesday, July 19, totaling $1,588,230, and selling 138% hammer above low estimate.

Fine Art

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