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November 2023 fine-art market intelligence

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Fine art

Major Works by Philip Guston and Robert Colescott to be sold from top collections in November

artnews.com

Philip Guston’s 1952 painting The Bell and Robert Colescott’s work Eat dem Taters (1975) are set to be sold in November as part of New York evening sales, with Guston’s The Bell estimated at $6 million–$8 million. The piece was loaned for major exhibitions and comes from consignor Aaron I. Fleischman, who has owned it for over 30 years.

Fine art

Sotheby’s Los Angeles celebrates the Emily Fisher Landau Collection and the New York sales

sothebys.com

The article covers Sotheby’s Los Angeles event celebrating the Emily Fisher Landau Collection and previews the New York sales. Artists mentioned include Mark Tansey, Barkley Hendricks, Kerry James Marshall, David Hockney, Yayoi Kusama, and Rene Magritte. No specific auction results or prices are stated in the provided text.

Fine art

Here Are 5 standouts from Sotheby’s Emily Fisher Landau sale, from a bold Ed Ruscha to her Warhol portrait

news.artnet.com

The page discusses Sotheby’s sale of Emily Fisher Landau’s collection, led by Femme à la montre (1932) by Pablo Picasso and including works by Ed Ruscha, Jasper Johns, Cy Twombly, and Mark Rothko. It mentions Landau’s history as a collector and donor, the Fisher Landau Center for Art, and her involvement with multiple institutions; it notes Landau’s death at age 102 and that the sale comprises about 120 works.

Fine art

21st century evening sale totals $107,451,800

press.christies.com

Cy Twombly’s Untitled (Bacchus 1st Version II) sold for $19,960,000, the top lot in Christie’s 21st Century Evening Sale totaling $107,451,800; five artist records were set including Jenna Gribbon, Jia Aili, Jadé Fadojutimi, Ilana Savdie, and Lalanne. The sale was 95% sold by lot and 95% hammer against the low estimate.

Fine art

Louvre seeks to buy Chardin’s Basket of Wild Strawberries but needs €1.3m

theartnewspaper.com

Jean Siméon Chardin’s Basket of Wild Strawberries (1761) is being sought by the Louvre, which is raising €1.3m to acquire the work that sold for €24.3m at Artcurial in Paris. LVMH has pledged about €16m, with other donors including Société des Amis du Louvre; the painting was previously sold to Adam Williams and later linked to the Kimbell Art Museum in Fort Worth, Texas.

Fine art

Christie’s and Sotheby’s autumn NY auctions roundup

artlyst.com

Christie's and Sotheby’s autumn NY sales roundup reports results from Sotheby’s Now sale in New York and the Contemporary Evening Sale, including figures such as a $305.7 million total for the Now sale, a $55.2 million post-fees total, and Julie Mehretu’s 2008 Walkers With the Dawn and Morning selling for $10.7 million. Basquiat’s Self-Portrait as a Heel (Part Two) led the Contemporary Evening Sale at $39 million.

Fine art

Sotheby’s Landau sale yields stable result amid jitters in market, with Picasso portrait leading the way

theartnewspaper.com

The article covers Sotheby’s sale of Emily Fisher Landau’s collection in New York, reporting a hammer total of 351.6 million dollars ($406.4 million with fees) within a pre-sale range of 344.5–430.1 million. Pablo Picasso’s 1932 portrait Femme à la montre sold for 121 million dollars ($139.4 million with fees), satisfying an unpublished target above 120 million. Other notable results included Jasper Johns’s Flags at 37 million dollars ($41 million with fees) and Ed Ruscha’s Securing the Last Letter at 34 million dollars ($39.4 million with fees).

Fine art

Picasso painting sells for $139.4 million at Sotheby’s despite weak market

nytimes.com

Pablo Picasso’s 1932 portrait Femme à la montre, depicting Marie-Thérèse Walter, sold for $139.4 million at Sotheby’s in New York as part of Emily Fisher Landau’s blue-chip collection; the auction total reached $406.4 million for the sale. The work set records during a year of market softness and involved multiple phone bidders before an anonymous bidder secured the final price.

Fine art

Agnes Martin gold-leaf painting fetches $19m, setting record

hyperallergic.com

Agnes Martin is the artist mentioned with a gold-leaf painting that fetched $19 million, setting a record. The article discusses Sotheby’s sale of works from the Emily Fisher Landau collection, including other artists such as Jasper Johns, Mark Rothko, Ed Ruscha, Mark Tansey, and Picasso, and notes related auction context.

Fine art

Historic auctions see Emily Fisher Landau collection reach $425 million

sothebys.com

The article discusses the Emily Fisher Landau Collection sale at Sotheby’s, noting that 111 works sold over two days for a total of $424.7 million, including Picasso’s Femme à la montre which brought $139.4 million, Jasper Johns’ Flags at $41 million, and Ed Ruscha’s Securing the Last Letter (Boss) at $39.4 million.

Fine art

Christie’s 20th Century sale nets $640.8 million, with six auction records

artnews.com

Christie’s New York held a two-and-a-half-hour 20th-century sale that brought in $640.8 million and set new records for Fernando Botero, Richard Diebenkorn, Arshile Gorky, Barbara Hepworth, Joan Mitchell, and Joan Snyder. The event featured strong bidding in the room and on the phones, with Jussi Pylkkänen delivering his final performance after 38 years with Christie’s.

Fine art

Christie’s marquee week totals $864 million

press.christies.com

Christie’s marquee week totals $864 million reported a total of $864,049,952 across five live auctions and one online auction in New York, with 96% by value and 103% hammer against low estimate. The sales highlighted collections including those of Ivan Reitman and Jerry Moss.

Fine art

Sotheby’s New York contemporary sale brings in $310 million

artnews.com

Julie Mehretu’s Walkers With the Dawn and Morning sold for $10.7 million (with fees) at Sotheby’s Now sale, setting a new record for the artist; the two back-to-back evening sales in New York totaled $310 million inclusive of fees, with 61 lots sold and the Now sale comprising 18 lots sold at or above estimates. The sale also set records for Barkley Hendricks, Marina Perez Simão, Barbara Chase-Riboud, Ad Reinhardt, Amy Sillman, and Mohammed Sami.

Fine art

Julie Mehretu breaks auction record at Sotheby’s evening sales

artsy.net

Julie Mehretu’s Walkers With the Dawn and Morning, 2008, sold for $10.7 million, setting a new auction record for an African artist at Sotheby’s. Other top results included Basquiat, Richter, Mitchell, Fontana, and Stella across the evening sale, with several artists setting new auction records.

Fine art

Painting Lord Beaverbrook gave to Fredericton gallery sells for just above $2M at London auction

cbc.ca

L.S. Lowry's 1947 painting Beach Scene, Lancashire sold for just over 2 million Canadian dollars at Sotheby’s in London. The work was acquired by Lord Beaverbrook in 1955 and donated to the Beaverbrook Art Gallery in 1959, and proceeds were described as confidential by Sotheby’s, with funds expected to support the gallery’s acquisition fund.

Fine art

Agnes Martin’s market reaches extraordinary highs, driven by Grey Stone II at Sotheby’s

artnews.com

Agnes Martin’s Grey Stone II (1961) sold for $18.7 million including fees at Sotheby’s, setting a record for the artist. The sale occurred during a strong Fall New York sales period, with Picasso’s Femme à la montre anchoring Emily Fisher Landau’s sale, but Martin dominated the chatter as the market’s standout work. The piece is noted as one of the earliest large-scale works with gold leaf and among the few with gold in Martin’s archetypal minimalist grid compositions.

Fine art

Two contemporary female painters triumphed at Sotheby’s. who came out on top depends on how you do the math

news.artnet.com

Julie Mehretu and Jenny Saville are identified as the two living female artists among the six women who were part of the top 44 artworks selling for $10 million or more during the marquee sales at Christie’s, Sotheby’s, and Phillips. The article notes the top lot was Picasso’s Femme à la montre (1932) selling for $139.4 million, with Saville ranking 41st and Mehretu 42nd in Artnet Price Database for lots offered at the three New York auction houses in early November 2023.

Fine art

Two rare paintings by Pietro Lorenzetti come to light after a century in obscurity

news.artnet.com

Pietro Lorenzetti, Saint Sylvester and Saint Helena paintings, two rediscovered works from a larger altarpiece, are expected to sell together for up to $2.8 million at Tajan in Paris. The pieces are attributed to the early 14th-century Sienese master Pietro Lorenzetti, with the discovery credited to art historian Eric Turquin and his firm Cabinet Turquin.

Fine art

Sanyu’s masterpiece Nude on Tapestry achieves HK$187,375,000 / US$24,164,442

press.christies.com

Sanyu’s Femme nue sur un tapis (Nude on Tapestry) sold for HK$187,375,000 / US$24,164,442 at Christie’s Hong Kong during the 20th/21st Century Art Evening Sale on 28 November 2023, exceeding its high estimate. The work came from the Dreyfus Collection and achieved a historic result for Chinese modern art.

Fine art

20th/21st CENTURY ART AUTUMN AUCTION SERIES TOTALLED HK$1.05B / US$136M — Christie’s

Christie’s

Christie’s reports on 20th/21st CENTURY ART AUTUMN AUCTION SERIES TOTALLED HK$1.05B / US$136M. Its source account states that -- -- -- -- -- 20th/21st CENTURY ART AUTUMN AUCTION SERIESTOTALLED HK$1.05B / US$136M - Christie's.

Fine art

Why Christian Levett is selling a museum-full of art

Christie’s

The British collector says he is ending one ‘period of fanaticism’ and beginning another. Having closed his award-winning Mougins Museum of Classical Art, he is offering much of its contents — from marble busts and Roman helmets to works by Damien Hirst and Andy Warhol — across six sales at Christie’s

Fine art

Sotheby’s New York Sales Reach $1.2 Billion| Auction Results

Sotheby’s

Sotheby’s reports on Sotheby’s New York Sales Reach $1.2 Billion| Auction Results. Its source account states that sotheby’s New York Sales achieved $1.2 billion in the third-highest marquee week of the auction house’s history.

Fine art

The Collection of Lord and Lady Sandys: ‘The story of a single English aristocratic family over the course of more than 400 years’

Christie’s

Treasures being offered from Ombersley Court in the heart of England — amassed over several centuries — range from Old Master paintings to Chinese porcelain, silver and militaria

Fine art

Marhala: Highlights of the Dalloul Collection: 99% SOLD BY VALUE / 96% SOLD BY LOT AT CHRISTIE’S LONDON ACHIEVING £3,064,320 / US$3,759,921

Christie’s

Christie’s reports on Marhala: Highlights of the Dalloul Collection: 99% SOLD BY VALUE / 96% SOLD BY LOT AT CHRISTIE’S LONDON ACHIEVING £3,064,320 / US$3,759,921. Its source account states that lONDON AND DUBAI – Christie's announce the results of " Marhala: Highlights from the Dalloul Collection ", a single owner collection comprising 48 masterpieces, which achieved a total of £3,064,320 / US$3,759,921, exceeding the pre-sale high estimate of £2.3 million / US$2.8 million.

Fine Art

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