Kandinsky painting sells for $45 million at auction
nytimes.com
The painting Murnau With Church II (1910) by Wassily Kandinsky sold for about $45 million (37.2 million pounds) at Sotheby’s in London during a marquee week of auctions.
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March 2023 fine-art market intelligence
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16 headlinesPicasso dispute over Madame Soler looted art debated by Bavarian collections
dw.com
The article discusses Picasso's portrait Madame Soler (1903) and the dispute over ownership between the heirs of Paul von Mendelssohn-Bartholdy and the Bavarian State Painting Collections. It explains the question of whether the painting was sold under duress during Nazi persecution and mentions the Limbach Commission as a possible non-binding recourse for restitution claims.
Recently discovered Kandinsky work fetches record $45 million
dailysabah.com
Wassily Kandinsky's 1910 painting "Murnau Mit Kirche II" sold for $45 million, setting a new record for the artist at Sotheby’s. The work was recovered by descendants of its previous owners, Jewish collectors who were victims of the Nazi regime. (Auction details mention other items including Edvard Munch and Frantisek Kupka works.)
Kandinsky makes £37m auction record at a procedural but solid Sotheby's London evening sale
theartnewspaper.com
Kandinsky makes £37m auction record at Sotheby’s London evening sale, led by Wassily Kandinsky's Murnau With Church II (1910) with a three-way tie to an irrevocable bid, as part of two-part auctions that total £147m. Edvard Munch's Dance on the Beach (1906-07) opened the sale with £14.5m, amid a broader sale that included The Now selling for £10.9m and the Modern and contemporary section totaling £136.9m.
Looted Kandinsky work restored to Jewish heirs fetches $45M
krcgtv.com
Wassily Kandinsky painting "Murnau mit Kirche II" sold at Sotheby’s in London for 37.2 million pounds ($44.9 million). The work was returned to the descendants of German Jewish collectors Johanna Margarete Stern and Siegbert Samuel Stern, whose family fate during the Holocaust led to restitution. Proceeds will be shared among 13 Stern heirs and funding for further research on the family’s collection.
Wassily Kandinsky's Murnau Mit Kirche II fetches $45 million at London auction
economictimes.indiatimes.com
Wassily Kandinsky's 1910 painting Murnau Mit Kirche II sold for $45 million (42 million euros) at a London auction, a record for the artist, via Sotheby's. The work was recovered by the descendants of its Jewish owners, the Sterns, who were persecuted by the Nazis. The painting was identified in Eindhoven and returned to the heirs last year; proceeds will be shared among 13 Stern survivors.
The Back Room: The Doig Defection
news.artnet.com
The article discusses Peter Doig leaving Michael Werner Gallery to go independent, noting his gallery history and auction records. It mentions Doig’s solo show at the Courtauld Gallery and confirms he is no longer represented by a commercial dealer, with Parinaz Mogadassi of Tramps Gallery providing context.
Kandinsky reaches new heights in London
apollo-magazine.com
Wassily Kandinsky’s Murnau mit Kirche II (Murnau with Church II; 1910) is highlighted as the auction headline lot ahead of Sotheby’s Modern and Contemporary sale in London, with a record price of £37.2m setting a new artist record and beating the previous £29.2m from 2017 for Bild mit weissen Linien (Painting with White Lines) (1913).
Kandinsky painting recovered by Holocaust victims’ heirs sets auction record at nearly $45 million
cnn.com
The Kandinsky painting Murnau mit Kirche II (1910) sold for £37.2 million ($44.55 million) at Sotheby’s in London, setting a new auction record for the artist. The work previously had a world-record sale in 2017 for Bild mit weissen Linien (£33 million, $39.7 million).
Leonardo’s Salvator Mundi heads to court in case against Sotheby’s
theartnewspaper.com
The Salvator Mundi, attributed to Leonardo da Vinci, is one of four works sold privately by Sotheby’s that are subject to the fraud-related claim. A New York federal judge allowed a jury trial in Dmitry Rybolovlev’s case against Sotheby’s, alleging fraud connected to purchases of multiple works including Salvator Mundi, Le Domaine d’Arnheim, Wasserschlangen II, and Tête.
Half of Van Gogh’s most expensive paintings have sold to Chinese collectors
theartnewspaper.com
The Art Newspaper reports that of the seven most expensive Van Gogh paintings sold at auction, at least three (and possibly more) went to Chinese buyers from mainland China, Hong Kong, and Taiwan, all sold in the past nine years for prices over $60 million. Examples include Vase with Poppies and Daisies (June 1890) sold for $62 million at Sotheby’s New York in 2014 to Wang Zhongjun; The Avenue of Les Alyscamps (November 1888) sold for $66 million at Sotheby’s New York in 2015, believed to be bought by Robert Wu; Labourer in a Field (September 1889) sold for $81 million at Christie’s New York in 2017.
A painting by Yusuf Grillo sets a new world record price at auction
artcentron.com
The Seventh Knot, a painting by Yusuf Adebayo Cameron Grillo, sold for £403,500 at Bonhams in London, setting a new world record price for the artist. Irma Stern’s Young Pondo Man also sold for £327,900 at the same sale, with her Girl With Jug achieving £176,700.
Munich museum removes Picasso portrait amid restitution dispute
usaartnews.com
The Pinakothek der Moderne in Munich removed the Picasso portrait Madame Soler amid a restitution dispute involving the work's ownership. The piece was connected to Mendelssohn-Bartholdy and previously transferred to an art dealer across the Swiss border before ending up in Bavaria’s modern art collection; the museum maintains the sale was legitimate, while critics and heirs raise questions about Nazi-looted art and restitution principles.
Sotheby’s Market Update: In Focus: The $1m Chinese Traditional Paintings and Works of Art Market
Sotheby’s
Sotheby’s documents the market development behind In Focus: The $1m Chinese Traditional Paintings and Works of Art Market. Its account reports that with $287.9m in sales, Traditional Paintings – calligraphic works and landscapes executed in brush and ink – made up 22.3% of overall sales of $1m+ Chinese art between 2018 and 2022.
Christie’s Market Update: ["SOLD ! SALE RESULTS FOR: Chagall et la Musique : Œuvres provenant de la succession de l’artiste - Christie's", 'SOLD !\nSALE RESULTS FOR:\nChagall et la Musique :\nŒuvres provenant de la succession de l’artiste']
Christie’s
Christie’s documents the market development behind ["SOLD ! SALE RESULTS FOR: Chagall et la Musique : Œuvres provenant de la succession de l’artiste - Christie's", 'SOLD !\nSALE RESULTS FOR:\nChagall et la Musique :\nŒuvres provenant de la succession de l’artiste']. Its account reports that christie’s regularly leads the auction world in market share across numerous categories, with record-breaking sales and a focus on great collections.
Christie’s Market Update: ["OLD MASTER & BRITISH DRAWINGS SALES TOTAL $6,198,012 - Christie's", 'OLD MASTER & BRITISH DRAWINGS SALES TOTAL $6,198,012']
Christie’s
Christie’s documents the market development behind ["OLD MASTER & BRITISH DRAWINGS SALES TOTAL $6,198,012 - Christie's", 'OLD MASTER & BRITISH DRAWINGS SALES TOTAL $6,198,012']. Its account reports that gRAND TOTAL FOR DRAWINGS IN TWO SALES: “REMASTERED: OLD MASTERS FROM THE COLLECTION OF J.E.