Displaying items by tag: christie's new york

The Wadsworth Atheneum Museum of Art in Hartford, Connecticut, has acquired a rare self-portrait by the Italian Baroque painter Artemisia Gentileschi, who is widely regarded as the most important female artist before the modern period. The institution purchased “Self-Portrait as a Lute Player” from Christie’s New York using funds from the recently established Charles H. Schwartz Fund for European Art. It is the first painting by a female artist of the Baroque period to enter the Wadsworth Atheneum’s permanent collection.

“Self-Portrait as a Lute Player” is one of only three uncontested self-portraits by Gentileschi that are known to exist. The work was most likely commissioned by the Grand Duke Cosimo II de’Medici and was recorded in the Medici collection as early as 1638. The painting’s whereabouts remained a mystery until it surfaced in a private collection in 1998. It was subsequently featured in major Gentileschi exhibitions around the world. The Wadsworth’s recent acquisition expands the museum’s already-stellar collection of Baroque masterpieces, which includes works by Caravaggio, Claude Lorrain, and Nicolas Poussin.

“Self-Portrait as a Lute Player” will make its public debut alongside works by Fra Angelico, Caravaggio, Artemisia’s father Orazio Gentileschi, Claude Monet, and Pierre-Auguste Renoir in 2015 following a reinstallation of the museum’s European collections in the Morgan Memorial Building, which is undergoing an extensive renovation.

Christie’s Post-War and Contemporary evening art auction garnered over $127 million on February 14, 2013, the highest total ever for a February sale of its kind at Christie’s London. Out of the 72 lots presented, 65 were sold; the auction total cruised past the pre-sale estimate of $86.8 million to $120.8 million.

The top lot of the night was Jean-Michel Basquiat’s (1960-1988) text-laden acrylic, oilstick, and paper collage on canvas titled Museum Security (Broadway Meltdown) (1983), which sold for $14.5 million. French collector John Sayegh-Belchatowski purchased the work, which carried a third-party guarantee. In 2012, Museum Security was pulled from a Christie’s New York auction after a legal dispute between an owner, the British aristocrat Lord Edward Spencer-Churchill, and dealers, Gerard Faggionato and Alberto Mugrabi, broke out. The case was settled out of court and the work was re-offered at Christie’s last night.

Other highlights from the blockbuster sale include Gerhard Richter’s (b. 1932) Abstraktes Bild (889-14) (2004), which sold to a telephone bidder for $13.2 million; Francis Bacon’s (1902-1992) Man in Blue VI (1954), which was also snapped up by a telephone bidder for $7.8 million; and David Hockney’s (b. 1937) figurative painting Great Pyramid at Giza with Broken Head from Thebes (1963), which went for $5.5 million.

Basquiat, Bacon, and Richter garnered major sales at both Christie’s and Sotheby’s, who’s contemporary sale the night before brought $116 million, proving that the category has not lost its edge in the art market.