Displaying items by tag: Impressionist

Earlier this month the Parrish Art Museum opened its new 34,400 square-foot building in Water Mill, NY to the public. Founded in 1898 by New York lawyer, Samuel Longstreth Parrish, to house his growing art collection, the museum had been a staple in Southampton, NY before moving to its new location that boasts seven sky-lit galleries and three times the exhibition space than that of the museum’s former home.

Now that the $26.2 million move is complete, the result of years of painstaking fund-raising, the Parrish hopes to become the area’s artistic epicenter. Designed by the Swiss architectural firm Herzog & Meuron in collaboration with the landscape architecture firm Reed Hilderbrand, the new Parrish building sits on 14 acres of land right off of the Montauk Highway. The building is meant to blend into the landscape and consists of connected, stretching barn-like structures that sit under a white corrugated metal roof. Large sections of glass allow the line between the natural and artificial worlds to blend.

An American art museum with about 2,600 paintings, sculptures, and works on paper in its collection, the Parrish pays extra attention to the art of the East End of Long Island. The former Southampton location was simply too small to exhibit many of the exemplary works from the museum’s permanent collection that spans from the 19^th century to the present. Now, American Impressionist William Merritt Chase and the realist Fairfield Porter each have their own permanent galleries and there are three galleries just for temporary exhibitions.

Inaugurating the space is Malcolm Morley: Painting, Paper, Process, an exhibition devoted to the English-born artist known for exploring paper’s many artistic possibilities including watercolors, scale models, and freestanding sculptures. Approximately 50 works from the 1980s to present will be on view through January 13, 2013.

The Parrish’s new building also includes offices, a café, an expanded lobby, and a theater where film screenings, lectures, and performances will be held.

Christie’s Post-War and Contemporary auction edged out Sotheby’s as the blockbuster sale of the week. Profits reached a walloping $412,253,100 on Wednesday night in New York and only six of the 73 lots went unsold. Beating the pre-sale estimate of $289,350,000-$411,800,000, the auction was the second highest grossing in Christie’s history. The record is currently held by the November 2006 Impressionist and Modern sale that brought $491.5 million. However, last night’s auction was the highest earning sale for the Post-War and Contemporary category to date.

During the course of the sale seven artist records were set and six works sold for over $20 million. Brett Gorvy, Chairman and International head of Post-War and Contemporary Art said, “We curated the sale around the rich variety of quality works and most coveted artists.” Works by these big name artists proceeded to sell for mind-bogglingly astronomical prices.

Andy Warhol’s iconic portrait of Marlon Brando, titled Marlon, (1966) sold for $23,714,500, Roy Lichtenstein’s interior Nude with Red Shirt (1995) brought $28,082,500, and Franz Kline’s seminal Abstract Expressionist painting, Untitled (1957) sold for a record $40,402,500. Other major sales included Warhol’s 3-D Statue of Liberty (1962) that went for $43,762,500, Mark Rothko’s Black Stripe (Orange, Gold and Black) that sold to a telephone bidder for $21,362,500, and Jeff Koons’ stainless steel Tulips (1995-2004) that brought $33,682,500, a new record for the artist. Jean-Michel Basquiat’s Untitled (1981) was expected to bring in big numbers and did not disappoint at $26,402,500, but the piece stayed under its high estimate of $30 million.

Contemporary sales continue tonight at Phillips de Pury.

The Contemporary art auction that took place at Sotheby’s Tuesday night made up for any disappointment stemming from last week’s Impressionist and modern art sale. Profits from the Contemporary sale reached $375.1, the highest total for any auction in Sotheby’s history. The previous record of $362 million was set in May of 2008.

The biggest sale of the night, Mark Rothko’s No. 1 (Royal Red and Blue) (1954) stirred up some competition and ended up selling to a telephone bidder for $75.1 million after the auction house’s fees. Other impressive sales included Jackson Pollack’s Number 4, 1951 that brought $40.4 million with fees, a record for the artist, and Francis Bacon’s Untitled (Pope) (1954) that sold for $29.7 million with fees. A number of high-quality works on paper by Andy Warhol also sold well. Green Disaster (Green Disaster Twice) (1963) sold to newsprint tycoon, Peter Brant, for $15.2 million and Suicide sold to the Manhattan art dealer, Philippe Ségalot, for $16.3 million, a record for a Warhol work on paper.

Out of 69 works offered at the auction, only 11 went unsold.

The top sale at last night’s Impressionist and modern Art auction at Sotheby’s in New York was a 1932 painting by Pablo Picasso of his muse, Marie-Therese Walter. The suggestive Nature Morte aux Tulipes, estimated at $35 to $50 million, sold to a phone bidder for $41.5 million.

The sale at Sotheby’s took place just one day after Christie’s lackluster Impressionist and modern art auction and didn’t fare much better than its predecessor. While there were some notable sales, 31% of lots went untouched including mid-level works by Degas and Rodin. While many have been blaming the election and unfortunate weather for the mixed sales, the quality of the work featured has also in question. Many have taken note of the padded sales by both auction houses and during these delicate economic times, buyers want to spend money on exceptional works, not mediocre works by exceptional artists.

On a positive note, there were a number of impressive sales besides the Picasso portrait. Claude Monet’s 1881 landscape Champ de Blé estimated at $5 to $7 million fetched $12.1 million and a photograph of Marcel Duchamp taken by Man Ray sold for $2.4 million, well over it’s $1.7 million high estimate. Another work that exceeded expectations was Fernand Leger’s Les Contructeurs, which went for $1.37 million, more than double its low estimate. The sale brought in $163 million; it was expected to garner about $169 million in total.  

Christie’s kicked off their highly anticipated fall auctions with a lackluster Impressionist and Modern Art sale on Wednesday evening. While there were many outstanding circumstances (i.e., Hurricane Sandy, the presidential election, the Dow Jones’ drop) that may have contributed to the sale’s inability to reach its low estimate of $210 million, the auction garnered $204,800,000 but left 21 of its 69 lots unsold. Other factors that may have contributed to the uneven sale were too high estimates and an inconsistence in quality as it was the mid-level works that went without buyers.

The top sales were high with six works selling for over $10 million. Wassily Kandinsky’s early and rare Studie fur Improvisation 8 brought $23 million and a set a record for the artist at auction while just breaking its low estimate of $20 million. Claude Monet’s Nymphaes, a watercolor from his water lilies series, was the evening’s top lot at $43,762,500. Other top lots included Pablo Picasso’s Buste de Femme that sold for $13,074,500, Constantine Brancusi’s white plaster Une Muse that brought $12,402,500, and Joan Miro’s Peinture (Femme, Journal, Chien which fetched $13,746,500.

Sotheby’s sale begins today after three days of delays due to Hurricane Sandy.

Held in New York on September 25^th, Christie’s American Art sale counted two Norman Rockwell works on paper as the top lots. Study for ‘The Runaway,’ perhaps the artist’s most iconic image, brought in $206,500. The original estimate for Study at auction was $80,000–$120,000. In 1958, the completed work, which features a young boy at a diner in conversation with a policeman, was used as a Saturday Evening Post cover.

The other Rockwell that fared well was Keeping His Course (Exeter Grill) which had an estimate of $100,000 to $150,000 and ended up selling for $218,500. The work was originally conceived as an illustration for the book Keeping His Course (1918) by Ralph Henry Barbour. A less recognizable Rockwell, A Man’s Wife, didn’t quite reach it’s $30,000–$50,000 estimate and ending up selling for $27,500.

Edgar Alwin Payne’s Western painting La Marque Lake, High Sierra more than doubled its $25,000–$35,000 estimate when it sold for $80,500. Other works that exceeded expectations were Andrew Wyeth’s watercolor, Front Door at Teel’s (estimate: $50,000–$70,000), that realized $93,700 and Josef Mario Korbel’s Andante (Dancing Girls) (estimate: $30,000–$50,000), a bronze that brought in $62,500.

The auction offered over 160 lots including Impressionist and Modernist works, Western pieces, illustrations, and bronzes. Artists on the block included Stuart Davis, Milton Avery, Will Barnet, Edward Hopper, and William Merritt Chase. Expected to reach in excess of $2.5 million, the total sale realized for the auction was $2,649,475.

While the auction reached its estimate, only 63% sold by lot and 76% by value. Debra Force of Debra Force Fine Art, Inc. said, “63% is terrible but there are many reasons for the poor performance. September is too early in the season for a sale. People are just getting back from summer, putting kids in school, and it’s in the middle of the Jewish holidays.” Force added, “The important collectors don’t look at these mid-season sales. They should, but they’re waiting for the major sale.“

Gavin Spanierman of Gavin Spanierman Ltd. echoed Force’s sentiments. “63% is pretty scary if you’re a seller but that’s representative of mid-season sales. However, the fact that the two Rockwells did well considering they were not phenomenal, shows that there is strength in the market.”

Three paintings left to the National Museum Wales in 1951 by notable Welsh collectors, Gwendoline and Margaret Davies, have been reclassified as authentic after spending decades in storage. In 1956 it was decided that that the paintings, Off Margate, Margate Jetty, and The Beacon Light, were either fake or not fully by the English Romanticist J.M.W. Turner’s (1775–1851) hand.

Turner experts have examined the paintings intermittently during the 1960s, 1970s, and 1980s to similar ends. Thanks to today’s modern methods such as X-ray, infrared, and pigment analysis, the seascapes were finally vindicated. The process unfolded on the BBC program, “Fake or Fortune,” proving that the paintings’ materials were consistent with the materials notably used by Turner.  

Although the three paintings’ values have subsequently skyrocketed, they will remain in the National Museum’s collection. The Davies sisters who built one of the most important Impressionist and 20^th century art collections in Britain, bequeathed seven Turner paintings to the Museum in the early 1950s. All of the paintings will go on display together starting September 25^th.

As of yesterday, a Pierre-Auguste Renoir (1841–1919) painting that was stolen during an armed robbery at a Houston home last September has been named one of the FBI’s top ten unsolved art crimes. A private insurance company has offered a $50,000 reward for any helpful information leading to the work’s recovery.

The painting, Madeleine Leaning on Her Hair, was completed by the pioneering Impressionist in 1918 and has an estimated value of $1 million. The painting has also been added to the Art Loss Registry, the National Stolen Art File, and Interpol’s Works of Art System. Interpol, an international police organization, encourages cooperation between law enforcement agencies in different countries. By taking these measures, the thief will most likely be unsuccessful if he/she attempts to take the painting to a knowledgeable dealer or gallery or tries to sell it at auction as most members of the art world regularly check these databases.

The other top unsolved art crimes on the FBI’s list include the notorious Isabella Stewart Gardner Museum heist in which four Rembrandts, five Degas drawings, and one Vermeer (among other works) were stolen. Also on the list is the theft of two Gloria Vanderbilt Whitney commissioned Maxfield Parrish paintings from a Hollywood gallery, the 2002 van Gogh Museum robbery in which two paintings valued at $3 million, and the 1969 theft of a $20 million Caravaggio from Italy’s Oratory of San Lorenzo.

Starting in the 1950s, Rudolph and Hannelore Schulhof began building a 20^th century art collection that has become the source of much speculation after the widowed Hannelore died this past February. Boasting nearly 350 works in total, Christie’s will auction 63 pieces from the collection including works by Joan Miro, Ellsworth Kelly, and Robert Indiana as part of its Impressionist and Modern Art Works sale and its Post-War and Contemporary Art sale in November. The sale is expected to bring in about $25 million. Christie’s will open the doors to the Schulhof’s Long Island mansion on Saturday, September 21 and Sunday, September 22 from 10AM to 5PM. Visitors will get a glimpse of an extraordinary, museum-quality collection. In fact, 100 of the works had previously been promised to three museums including the Peggy Guggenheim Collection in Venice as well as the Israeli Museum in Jerusalem and the Whitney Museum of American Art in New York.

The Sculhofs met in Vienna right before the start of World War II and married in Brussels in 1940. After traveling to the United States with extended family, Rudolph launched what would become a fine art reproduction company. When the couple first started collecting they tended to go after established names but were cajoled by the art dealer, Justin Thannhauser, to consider the art of their own time. As the Schulhof’s company had an office in Milan, they would frequent the city’s galleries as well as the Venice Biennale on their visits to Italy. It was on one of these trips that the Schulofs met the prominent American art collector, Peggy Guggenheim. A longtime friendship ensued, resulting in rapports with the artists themselves and the couple’s generous posthumous gift of 83 works to Guggenheim’s Venice institution. Another 200 artworks will remain in the Schulhof’s home and the family will decide on distribution in the future.

As the wider Impressionist and modern market slowly withers on the auction vine — the victim of a paucity of first-rate material — the international market for Surrealism has started to sizzle. Interest in the erotically preoccupied mid-century movement languished for decades as collectors lavished money and attention on Impressionist and Fauve art. Yet in the last two years, works by the handful of brand name artists associated with Surrealism — Salvador Dalí, Max Ernst, René Magritte, and Joan Miró — are taking center stage.

In June at the Christie’s London Impressionist and modern sales, for example, Magritte’s darkly menacing “Les jours gigantesques,” 1928, depicting a violent struggle between a clothed man and a naked woman and remarkable for the illusionistic effect of one body superimposed on and merging with the other, sold to the New York financier Wilbur Ross for £7.2 million ($11.3 million) on an estimate of £800,000 to £1.5 million. Ross outgunned a posse of competitors, including London dealer Daniella Luxembourg.