Displaying items by tag: triptych

A triptych of Lucian Freud by Francis Bacon could sell for over $95 million at Christie’s Post-War and Contemporary Art Sale on November 12, 2013. Three Studies of Lucian Freud from 1969 carries an estimate of $85 million at hammer price but fees would be added to that amount.

The painting of Bacon’s painter friend is being offered by an unidentified European seller and has never appeared on the auction market before. The work was included in the seminal Bacon retrospective organized by Paris’ Grand Palais in 1971-72.

Three Studies of Lucian Freud will be on view at Christie’s King Street during Frieze Art Week from October 13-18, 2013 before heading to the auction in New York in November. Francis Outred, head of Post-War and Contemporary Art, Christie’s Europe, said, “We are honored to announce the sale of an undeniable icon of twentieth century art. A conversation between two masters of 20^th century figurative painting, Francis Bacon’s triptych, Three Studies of Lucian Freud, executed in 1969 is a true masterpiece that marks Bacon and Freud’s relationship, paying tribute to the creative and emotional kinship between the two artists.”

Sotheby’s Contemporary Evening Auction in London totaled $116 million on February 12, 2013. The sale featured a number of works by art market powerhouses such as Francis Bacon (1909-1992), Jean-Michel Basquiat (1960-1988), and Gerhard Richter (b. 1932). Bacon’s oil on canvas triptych Three Studies for a Self-Portrait (1980), which sold for $21.5 million, was the evening’s top lot. German collector, Jurgen Hall, who plans to loan the work to a major international institution, purchased the painting.  

44 of the 54 lots offered sold and over 20 works brought more than $1 million dollars. Highlights included two Richter paintings, Wolke (Cloud) (1976) and Abstraktes Bild (769-1) (1992), which sold for $11.9 million and $12.8 million respectively. Basquiat’s Untitled (Pech/Oreja) (1982-83), a large-scale acrylic, oil stick, and paper collage, went for $10. 7 million and another one of his hefty works, Five Fish Species (1983), sold for $7.8 million. Both works were purchased by New York-based art dealer Jose Mugrabi.

While there were some major sales, the auction fell comfortably within its pre-sale estimate of $95.7 million to $132.2 million. The contemporary auctions will continue tonight, Feburary 13, 2013, at Christie’s London.

On February 21, 2013 Lichtenstein: A Retrospective will open at the Tate Modern in London. Part of the show, which features 125 paintings and sculptures, is pop artist Roy Lichtenstein’s (1923-1997) only film, a triptych titled Three Landscapes. This will be the first time the film will be viewed in Europe; since debuting at the Los Angeles County Museum of Art (LACMA) in 1971, the film has been exhibited once in the United States at the Whitney Museum in New York in 2011.  

The little-known film was made in 1971 during Lichtenstein’s residency at LACMA. The residency program he attended paired artists with high-tech companies in Southern California. Lichtenstein, who employed a cinematic quality in his works, was paired with Universal Film. During his time at Universal, Lichtenstein was treated to a studio tour, a visit to the set of Alfred Hitchcock’s film Topaz, and lessons in film techniques such as editing and special effects. Three Landscapes was the first and last time Lichtenstein experimented with film as a medium.

Lichtenstein: A Retrospective will be on view through May 27, 2013. Three Landscapes will be shown in the Tate’s Tanks gallery from March 9-12 and 14-24.

When Henry Kravis, the co-chairman of the global investment firm KKR & Co., and prominent art collector Donald L. Bryant Jr. purchased a triptych by Jasper Johns (b. 1930) in 2008, the duo agreed to take turns exhibiting the works in their homes before eventually donating them to the Museum of Modern Art in New York. In a lawsuit recently filed by Kravis and his wife, Marie-Josée, the couple claims that Bryant violated their agreement when he refused to hand the works over to them on January 14, 2013. The Kravises stated that Bryant is essentially holding the works hostage until their agreement is amended, nixing the pledge to donate the paintings.     

Considered one of the most important living American artists, Johns completed the three works titled Tantric Detail I, Tantric Detail II, and Tantric Detail III in 1980 and 1981. A powerful presence in the contemporary art market, Johns’ triptych is said to be worth between $15 million and $25 million. MoMA announced the Johns acquisition in a 2008 press release saying that the works were a “promised gift” from Bryant, who was one of the museum’s trustees at the time, Marie-Josée, the president of MoMA’s board of trustees, and her husband, Henry.

In their lawsuit, the Kravises ask that Bryant relinquish the works to them so that they can fulfill their vow to donate the paintings to MoMA.  

A triptych of self portraits by Francis Bacon may raise at least $20 million at auction next month as demand grows for the U.K.’s most expensive artist.

“Three Studies for Self Portrait,” from 1974, are included in Christie’s International’s May 11 New York auction of contemporary art. They are part of a London show, opening tomorrow, that also includes Bacon’s 1952 painting, “Untitled (Crouching Nude on Rail),” estimated at $10 million to $15 million in the same sale.

Owners of high-value paintings by Bacon are more confident about selling at auction after the 1964 triptych, “Three Studies for a Portrait of Lucian Freud,” fetched 23 million pounds at Sotheby’s in London on Feb. 10.

“That result helped bring Bacons out of the woodwork,” London-based dealer Offer Waterman said in an interview. “Up until then the market had been in a state of flux. Prices had dropped, and people found it difficult to value his paintings.”

Works by Bacon were in short supply at auctions during 2009 and 2010. In May 2008, before the financial crisis, Russian billionaire Roman Abramovich paid a record $86.3 million for a 1976 “Triptych” at Sotheby’s (BID) New York, said dealers. Nine months later, the 1954 picture “Man in Blue VI” failed to sell at a Christie’s auction in London after being estimated at as much as 5 million pounds ($8.2 million).

f impressionist master Claude Monet’s “Water Lilies” triptychs, separated 50 years ago and sold to three museums, has been reunited in a multifaceted exhibit that highlights not only the three-panel artwork, but the artist too.

“I think all of us think of Monet as this father of Impressionism, as this painter who was spontaneous, who painted outdoors in his garden,” said Nicole Myers, associate curator at the Nelson-Atkins Museum of Art, where “Monet’s Water Lilies” opens April 9. “That was certainly true. He presented himself that way publicly, really to the end of his life.”

But Monet had another side that’s also detailed in the exhibition, which ends Aug. 7 before moving on to the St. Louis Art Museum and then to the Cleveland Museum of Art.

“With these later paintings from the 20th century that he’s working on, you see the sort of obsessive, almost obsessive-compulsive, artist who came indoors and worked tirelessly making revisions again and again in this kind of obsessive way,” she said.

It’s unclear if Monet ever considered the three panels finished, she said.

“And it really blows out of the water this impression we have of this man who just sort of dashed off his first thoughts and left things alone. He worked on them almost consistently from 1915 to 1926,” Myers said.

The three panels, each 6-feet tall and 14-feet wide, languished in Monet’s studio at Giverny outside Paris after his death in 1926, Myers said. The pieces on display at the Nelson-Atkins comprise one of two of Monet’s Water Lily triptychs in the U.S. The other is at the Museum of Modern Art in New York, where they are a steady, popular selection.

“What’s amazing about them is the mood they create in the room where they’re installed,” said Ann Temkin’s, MoMA’s chief curator of paintings and sculpture. “It’s a magical one. It becomes a very quiet place. The visitors become quite contemplative.”