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Displaying items by tag: auction record

Tuesday, 27 May 2014 10:43

Reconsidering Rockwell

“Rockwell’s greatest sin as an artist is simple: His is an art of unending cliché.”

In that Washington Post criticism of a 2010 exhibition of Norman Rockwell paintings at the Smithsonian, Blake Gopnik joined a long line of prominent critics attacking Rockwell, the American artist and illustrator who depicted life in mid-20th-century America and died in 1978.

“Norman Rockwell was demonized by a generation of critics who not only saw him as an enemy of modern art, but of all art,” said Deborah Solomon, whose biography of Rockwell, “American Mirror,” was published last year. “He was seen as a lowly calendar artist whose work was unrelated to the lofty ambitions of art,” she said, or, as she put it in her book, “a cornball and a square.” The critical dismissal “was obviously a source of great pain throughout his life,” Ms. Solomon, a frequent contributor to The New York Times, added.

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A 28 inch by 50 inch folk art rendering by the renowned self-taught artist Sam Doyle (1906-1985), titled St. Helena’s First Blak (sic) Midwife Trane (sic) By Dr. White, soared to $204,000 – a new world auction record for the artist – at Slotin Folk Art Auction’s Delta Blues to Visual Blues Auction, held April 26th and 27th at the Historic Buford Hall in Buford.

The painting, created from house paint on found roofing tin, was in excellent condition and depicted Mr. Doyle’s grandmother, a midwife, holding a newborn infant. It was the top lot of the April 26 session, dedicated to Visual Blues (folk art, typically from the Deep South). The April 27 session was themed Delta Blues and featured photographs, concert posters, records and more.

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To the uneducated eye, it may look like little more than a blank canvas with a few inches of primary colour, but this painting could soon become the most expensive Mondrian ever sold.

The work, by Piet Mondrian, is said to “epitomise” the artists’ work, and has never before been seen at auction.

Kept out of the public gaze for the last 50 years, after being owned by a private collector, it will now be sold at Sotheby’s for an estimate of up to £18 million.

It is expected to set a new world record for the most expensive work by Mondrian, beating the price of 21,569,000 EUR (£17.6m) set in 2009.

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For decades, the Norman Rockwell painting hung in the principal’s office at Gardner High School, all but unknown to the world beyond.

Now, the 1941 original has burst into the public eye, slated for a Sotheby’s auction that could fetch millions for the Central Massachusetts city.

In the early 1950s, Rockwell gave the painting, part of a popular World War II series for The Saturday Evening Post, to the principal, who hung it in his office. There it would stay until 2001. Realizing its value, school officials had the painting appraised, then stored it away for safekeeping.

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Acquavella Galleries in New York is currently hosting the exhibition “Jean-Michel Basquiat Drawing: Works from the Schorr Family Collection.” The show was curated by Fred Hoffman, who was introduced to Basquiat by fellow art dealer Larry Gagosian in 1982. Hoffman helped Basquiat produce five editions of prints, which were published in 1983 by New City Editions in Venice, California. Hoffman also assisted in the production of the artist’s 1984 silkscreen paintings and co-curated Basquiat’s retrospective at the Brooklyn Museum in 2005. He is the Ahmanson Curatorial Fellow at the Museum of Contemporary Art in Los Angeles.

“Jean-Michel Basquiat Drawing” features 22 works on paper and two paintings from the collection of Herbert and Lenore Schorr, Los Angeles-based collectors who met the artist in 1981, before his first exhibition in New York. The Schorrs quickly became Basquiat’s devoted collectors, supporters, and friends. While the couple owns several seminal Basquiat paintings, what makes their holdings so unique is their vast collection of works on paper. Hoffman said, “The Schorrs astutely understood that working on paper was equally central to his practice as painting on canvas. The collection demonstrates both the focus and ambition that the artist invested in the medium of drawing.” Drawing is an essential component of Basquiat’s graffiti-inspired Neo-expressionist and Primitivist works. Between 1980-1988, the artist produced approximately 1,000 works on paper that exemplify his frenetic, bold, and gestural style.

The two paintings on view at Acquavella Galleries include a portrait that Basquiat painted of the Schorrs and “Leonardo da Vinci’s Greatest Hits,” which was part of an exhibition at Fun Gallery in New York in 1983. The show didn’t receive any critical attention and the Schorrs were the only people to buy a painting. “Leonardo da Vinci’s Greatest Hits” is now considered a foremost example of Basquiat’s work. Lenore Schorr said, “We had so much confidence in him from the beginning and couldn’t understand why other people couldn’t see it.”

Today, Basquiat, who died in 1988 at the age of 27, commands extremely high prices at auction. In May 2013, “Dustheads” sold for $48.8 million at Christie’s, setting the record for Basquiat at auction. His work is included in private and public collections throughout the world, including the Broad Art Foundation in California, Centre Georges Pompidou in Paris, Museu d’art Contemporani de Barcelona in Spain, and the Museum of Modern Art in New York.

Acquavella Galleries was founded by Nicholas Acquavella in 1921. The gallery initially specialized in works of the Italian Renaissance, but in 1960, when Acquavella’s son William joined the business, the gallery expanded to major works of the 19th and 20th centuries, including masters of Impressionism, Post-Impressionism, Cubism, and Surrealism. The gallery has since expanded and the entire scope of the 20th century is now represented.

“Jean-Michel Basquiat Drawing: Works from the Schorr Family Collection” will remain on view at Acquavella Galleries through June 13.

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A new world auction record price per carat for any sapphire was set tonight at Sotheby’s New York, when an Exceptional Platinum, Kashmir Sapphire and Diamond Ring sold for $5,093,000 / $180,731 per carat (est. $4/5 million). The square emerald-cut Kashmir sapphire weighing 28.18 carats is one of the finest sapphires ever to appear at auction, described by the American Gemological Laboratories (AGL) as “a gem of singular importance.”

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A Ming Dynasty wine cup sold for $36.05 million at Sotheby’s in Hong Kong on Tuesday, April 8, breaking the world auction record for Chinese porcelain. The tiny porcelain cup, which features a color painting of a rooster and a hen tending to their chicks, was purchased by the Shanghai-based financier, Liu Yiqian, by telephone bid.

The previous record for Chinese porcelain was set in 2010 when a gourd-shaped vase from the Qianlong period sold for $32.58 million. The chicken cup also surpassed the previous world record for Ming Dynasty porcelain, which was set in 2011 by a blue and white vase that brought more than $21 million. Nicolas Chow, deputy chairman of Sotheby’s Asia, said, “There is no more legendary object in the history of Chinese porcelain. This is an object bathed in mythology.”

The chicken cup was created during the reign of the Chenghua Emperor between 1465 and 1487, a period known for its exceptional porcelain. A number of later emperors were so enamored by the chicken cup’s design that they commissioned numerous copies. There are less than 20 such cups in existence, with only four in private collections. Yiqian’s cup is the only genuine chicken cup in China.

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On February 5, Sotheby’s London’s Impressionist and Modern Art Evening Sale fetched 163.5 million pounds, significantly more than its pre-sale estimate of 128.4 million pounds. Out of the 89 lots offered, 10 failed to find buyers.

The highlight of the sale was Camille Pissarro’s ‘Boulevard Montmartre, Matinee de Printemps,’ a street scene that sold for a record 19.9 million pounds, nearly five times the previous record for the Impressionist master at auction. The painting, which is widely considered to be one of the most important Impressionist works to appear at auction in the last decade, was originally owned by the Jewish industrialist, Max Silberberg. During World War II, the Nazis forced Silberberg, who perished in a concentration camp, to get rid of his entire collection of 19th and 20th century artworks. ‘Boulevard Montmartre, Matinee de Printemps’ was restituted to Silberberg’s family in 2000.

The auction also saw the highest price for a Vincent Van Gogh painting offered at auction in London when ‘L’Homme est en mer’ sold for 16.9 million pounds. Other highlights included a print by Pablo Picasso titled ‘Composition au Minotaure,’ which sold for a record 10.4 million pounds and a work on paper by Alberto Giacometti titled ‘Homme Traversant une Place par un Matin de Soleil,’ which achieved a record 8.5 million pounds.

Two weeks of London sales kicked off on February 4 at Christie’s where works by Picasso, Rene Magritte and Juan Gris helped an auction reach 177 million pounds, a record for a sale in London. During the sale, Gris’ still-life ‘Nature Morte a la Nappe a Carreaux’ sold for 34.8 million pounds, a world record for the Spanish artist at auction.

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Friday, 06 December 2013 17:15

Fragonard Portrait Nets Nearly $30 MIllion

A portrait by Jean-Honoré Fragonard of a French general fetched nearly $30 million, a world record price for the artist, at an auction held on December 5 at Bonhams in London. The works offered were provided by Unicef Germany and had been a part of what was once one of Europe’s largest private art collections. The entire sale garnered $31 million for the charity.

The works belonged to Dr. Gustav Rau, a German philanthropist and doctor who donated his collection to Unicef in 2001. For over a decade the collection has been embroiled in legal battles as some believe that Rau, who died in 2002, was not mentally fit during the time of the transaction. While the most recent court case deemed the transfer legitimate, Swiss authorities are currently reviewing the deal after a complaint was filed by the council in the district of Bülach, where the collection was once stored.

Unicef expects to net $161 million this year thanks to a series of sales from Rau’s collection.   

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One of only 11 surviving copies of the Bay Psalm Book, the first book printed in the United States, sold for $14.2 million on November 26 at Sotheby’s in New York. The book, which was purchased by American businessman and philanthropist David Rubenstein, set a new world auction record for any printed book. Rubenstein plans to loan the book to libraries across the country before putting it on long-term loan at one of them.

The Bay Psalm Book’s selling price soared past the previous auction record for a printed book, established in December 2010 at Sotheby’s London when a copy of John James Audubon’s Birds of America sold for $11.5 million. The last time a copy of the Bay Psalm Book appeared at auction was in January 1947 when it sold at Sotheby’s for $151,000.

The Bay Psalm Book was published in Cambridge, MA by the Puritan leaders of the Massachusetts Bay Colony about two decades after the Pilgrims landed at Plymouth. Approximately 1,700 copies of the book were printed.

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