Displaying items by tag: Christie's

The family of Msgr. Patrick J. Garvey, a Catholic priest who was once friendly with the realist painter Thomas Eakins, is trying to block the Archdiocese of Philadelphia from selling a valuable Eakins portrait of the monsignor through the auction house Christie’s.

The archdiocese said that the painting was given to the church decades ago, and that the sale of it, and several other paintings, is essential to boost the finances of St. Charles Borromeo Seminary, where Monsignor Garvey had been rector and where the portrait hung for many years.

On Tuesday, May 13, Christie’s Post-War and Contemporary Art evening sale in New York achieved a jaw-dropping $745 million -- the highest total for a single auction in art history. The sale exceeded the auction house’s results in November of $691.6 million as well as last May’s total of $495 million for postwar and contemporary artworks.

The auction, which carried a pre-sale estimate of approximately $500 million, was brimming with top-notch material. Out of the 72 lots offered, only four failed to find buyers. New auction records were set for a spate of high-selling artists, including Alexander Calder, Joseph Cornell, Barnett Newman, and Frank Stella.

Christie’s sold $134.6 million of contemporary art in New York in an hour as international buyers from 26 countries chased after works including Andy Warhol’s electric chair silkscreen and Martin Kippenberger’s slouching man in his underwear.

Titled “If I Live I’ll See You Tuesday,” the auction yesterday surpassed its high target of $124.1 million as 11 artist records were set, including those for Richard Prince, On Kawara, Wade Guyton, Dan Colen and Kippenberger. Of the 35 lots offered, all but one found buyers. Similar to last week’s Impressionist and modern art auctions, Asian collectors competed fiercely, winning at least two of the top 10 lots, Christie’s said.

Christie’s Evening Sale of Impressionist and Modern Art on Tuesday, May 6, realized $285,879,000 (£168,668,610/€205,832,880), selling 89% by lot and 96% by value. This marks the highest total for Christie’s New York in this category since May 2010. Of the 53 works offered, 9 lots sold for over $10 million, 18 for over $5 million, and 43 for over $1 million. The sale was led by works from distinguished private collections, including Monet’s Nymphéas from The Clark Family Treasures and Picasso’s Portrait de femme (Dora Maar) from the Viktor and Marianne Langen Collection. Two additional sales, Works on Paper and the Day sale, will complete the series on Wednesday, May 7.

Brooke Lampley, Head of Department, Impressionist & Modern Art, Christie’s New York, commented, “Our strong performance tonight, the highest since May of 2010, is a testament to the continued strength of the global market for Impressionist and Modern works of art. Bidders from 36 countries competed in our sale tonight for a wide variety of works, from Monet’s classic Nymphéas and Modigliani’s engaging portrait of a red-haired man, to bold, modern works by Picasso and Kandinsky. Our global team has worked tirelessly to source the best works available this season, many of which had never been offered at auction, including star lots from the leading collections of the season: the Clark Family Treasures, the Estate of Edgar M. Bronfman and the Viktor and Marianne Langen Collection.”

The Delaware Art Museum will auction off one of its iconic Pre-Raphaelite paintings, "Isabella and the Pot of Basil" at Christie's in London next month, museum officials announced Tuesday. The William Holman Hunt oil painting, purchased by the museum in 1947, is one of as many as four works the museum will sell over the next several months to pay off construction debt and replenish its endowment. The Delaware museum boasts the most significant collection of Pre-Raphaelite works outside of the United Kingdom.

Museum officials have declined to release the names of the other works, explaining that it could hurt the market for private sales. They have promised not to sell any works acquired through gift or bequest. Winslow Homer's "Milking Time," one of the museum's most treasured works purchased in 1967, disappeared from its wall and collections database last month. Museum officials won't confirm that it is scheduled to be sold.

Yet another ancient statue looted in the 1970s from a single remote temple in the jungles of Cambodia has turned up in the United States, this time at Christie’s, which is voluntarily paying to return it to its homeland.

Christie’s sold the statue, a 10th-century sandstone depiction of a mythological figure known as Pandava, to an anonymous collector in 2009, but bought it back earlier this year after officials determined that the sculpture had been looted.

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.

Auction houses expect to sell as much as $2.3 billion of art in New York this month as billionaires from China to Brazil compete for trophy works by Claude Monet, Pablo Picasso and Jeff Koons in a surging market.

Two weeks of semiannual sales of Impressionist, modern, postwar and contemporary art at Christie’s, Sotheby’s (BID) and Phillips begin May 6, with online bidding as early as today. Their combined sales target represents a 77 percent increase from estimates for a similar round of auctions a year ago.

The Museum of Fine Arts, Boston (MFA) will celebrate the Red Sox’s third World Series Championship in a decade by exhibiting Norman Rockwell’s “The Rookie (The Red Sox Locker Room)” before it heads to auction at Christie’s in New York on May 22. The museum will display the work for six days only, from April 29 through May 4.

Created in 1957, the painting depicts the Red Sox locker room during spring training in Sarasota, Florida. The work, which appeared on the cover of the March 2, 1957 “Saturday Evening Post,” has appeared on display at the MFA in 2005 and 2008, following the Red Sox’s World Series wins.

Malcolm Rogers, the Ann and Graham Gund Director at the MFA, said, “We are proud to celebrate our hometown team and Red Sox Nation by displaying a quintessential painting from one of New England and America’s most beloved artists, Norman Rockwell. Neighbors across the Fenway for over 100 years, the histories of the Red Sox and the MFA are inextricably linked.”

Rockwell, who lived in Stockbridge, Massachusetts, for the last 25 years of his life, is best known for his archetypical portrayals of American life as well as his cover illustrations for the “Saturday Evening Post.”

“The Rookie (The Red Sox Locker Room),” which is being offered by an anonymous owner, is expected to fetch between $20 million and $30 million.

On April 16, Christie’s Magnificent Jewels Sale in New York fetched a total of $60.6 million. The top lot was a pair of round, D-color internally flawless diamonds, weighing 22.60 and 22.31 carats, which brought $8.6 million. The two-session sale featured more than 250 jewels.

The auction included the collection of animal welfare advocates Riki and Jerome Shaw. All of the proceeds from this portion of the sale, which totaled $8.6 million, were donated to cage-free animal shelters. Highlights from the Shaws’ collection included a 6.1-carat, rectangular-cut fancy intense pink diamond ring by Harry Winston, which netted $5.8 million and a Burmese ruby and diamond ring that fetched $1.3 million.

The Magnificent Jewels auction also included the private collection of Kathleen and Martin Field, which garnered over $6 million. The lot included a 20.10-carat rectangular-cut, D-color, VVS1 diamond by Harry Winston that sold for more than $2.4 million and a 42.88-carat rectangular-cut Colombian emerald and diamond brooch by Harry Winston that realized over $1.3 million.

Christie’s next Magnificent Jewels auction will take place on May 14 in Geneva. The sale will feature The Blue, the largest flawless vivid blue diamond in the world, as well as The Ocean Dream, the largest vivid blue-green diamond in the world.