Displaying items by tag: sale

In an effort to maintain the financial future of Russborough, a historic Georgian house in Ireland, a selection of Old Master paintings from The Alfred Beit Foundation will be on offer at the Christie’s London Old Master & British Paintings Evening Sale on July 9.

Nearly 300 years old, the heritage home requires constant restoration and upkeep entrusted to the Beit family, notable patrons of the arts. The proceeds of the sale will go to an endowment fund managed by the Beit’s that will ensure the future of Russborough.

A prized Picasso portrait, which has been in the Goldwyn family collection since it was acquired by Hollywood legend Samuel Goldwyn Sr. in 1956, has been sold to another film and entertainment mogul from halfway around the world.

Wang Zhongjun, chairman and co-founder of entertainment giant Huayi Brothers Media Group, purchased Pablo Picasso’s “Femme au chignon dans un fauteuil” at Sotheby’s Impressionist & Modern Art Evening Sale on May 5 for US$29.93 million (HK$233 million).

Sotheby’s will offer a selection of exceptional Japanese and Chinese works of art drawn from the collection of Japanese connoisseur Tsuneichi Inoue on May 13, alongside its biannual auction of Important Chinese Art.

“The Soul of Japanese Aesthetics: The Tsuneichi Inoue Collection” offers a revealing cross section of prevailing aesthetic tastes in Tokyo during the early to mid-20th century. Classical Ming and Song Dynasty porcelain and ceramics were very much in vogue, along with archaic Chinese bronzes.

Asian collectors snapped up paintings by Vincent Van Gogh, Pablo Picasso and Claude Monet at a Sotheby’s auction in New York that totaled $368.3 million.

The tally on Tuesday was the second highest for an Impressionist and modern art auction at Sotheby’s and a 67 percent increase from a similar sale last May. The auctioneer also surpassed its high presale target of $351 million despite failing to sell 14 of the 64 lots.

Sotheby's annual American art auction this May will have Georgia O'Keeffe's "White Calla Lily," with an estimate of $8–12 million, as its star lot.

The announcement of the offer of "White Calla Lily" comes on the heels of O'Keeffe's biggest sale, just last year. Her "Jimson Weed/White Flower No. 1" went for a whopping $44.4 million (three times its $15-million estimate) at Sotheby's, making it the most expensive painting by a female artist ever sold at auction.

Nearly a hundred examples of iconic Tiffany Studios works are forming the centerpiece of Sotheby’s sale of Tiffany and Prewar Design: The Warshawsky Collection in New York on May 19.

Led by the "Elaborate Peony" Lamp, circa 1910 (est. $600,000-$900,000), the variety of colorful glass works in mostly floral motifs is emblematic of the collection of noted Chicago businessman Roy Warshawsky and his wife Sarita, who assembled the works from the 1960s through the 1990s. There are also leaded glass lighting and windows, favrile glass, enamels, pottery, and bronze pieces produced by the firm founded by Louis Comfort Tiffany.

The private art and furniture collection of the famed architect and designer of Sydney Opera House Jørn Utzon is going under the hammer at Bruun Rasmussen Auctioneers in Copenhagen in June.

Built upon Utzon's refined taste and close personal relationships to many renowned artists and designers, the Dane's collection includes pieces from the likes of Le Corbusier, Georges Braque, Fernand Léger, Henri Laurens, Pablo Picasso, Asger Jorn, and Alvar Aalto.

The highlight of the collection is doubtlessly a tapestry by Le Corbusier titled "Les dés sont jetés" (the dice is cast) (1960) which Le Corbusier created when the pair collaborated on the decoration of the Sydney Opera House.

Two Francis Bacon self-portraits are going on public display for the first time after resurfacing in a private collection.

Descendants of the original collector have decided to sell the paintings, which are expected to fetch £15m each at auction.

Experts knew of the works’ existence, but had no idea who had bought them soon after they were completed about 40 years ago.

The paintings will go on show at Sotheby’s in London and New York before going under the hammer in July.

A "perfect" diamond said to be so large that it draws awe-struck people across a room has sold for $22 million at a Sotheby's auction in New York.

The 100-carat, emerald cut, D color, internally flawless diamond is the largest of its clarity and cut to ever be shown at auction.

"People everywhere have been drawn to it from across the room and they are in awe of its size, particularly when they put it on their hand," said Gary Schuler, the head of Sotheby's jewelery department in New York, before the sale. "They can't believe there's a diamond this pure of such impressive scale."

ARTINFO has learned that the seller of “The Pointing Man,” the great Alberto Giacometti bronze sculpture that will be offered at Christie’s New York on May 11 with an estimate in the stratospheric region of $130 million, is the reclusive New York real estate magnate Sheldon Solow. According to a knowledgeable source, Solow acquired the hand-painted Giacometti bronze from the Sidney Janis Gallery in 1970.

Sidney Janis, a storied collector in his own right and a major benefactor to the Museum of Modern Art, had acquired it privately. The sculpture was exhibited and published in the second installment of the Sidney Janis Gallery 25th Anniversary exhibition and catalogue in October 1973 with the credit line, “Sheldon Solow Collection.”